Every year tax loss selling does the same thing.
It’s predictable and unpreventable.
New tax year 1st of July and that financial tool will be back in the box.
Reading recent research in the REE space the biggest challenge facing miners besides each other is developing technologies to strip rare earths from ash out of coal fired generating plants. The environmentalist in me says terrific! But the tech side of me says easy on a pilot plant - impossible to scale up and capture enough ash before costs escalate out of control.
Future annual demand will exceed current supply no doubt about that.
MEI is well placed to provide a good portion of the future demand.
Every year tax loss selling does the same thing. It’s...
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Last
10.5¢ |
Change
-0.015(12.5%) |
Mkt cap ! $218.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $456.8K | 4.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1614230 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2537414 | 27 |
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| Last trade - 11.17am 26/07/2024 (20 minute delay) ? |
| MEI (ASX) Chart |