Hi Tezza, mal and Dr, the "hold em or fold em" conundrum is certainly real in small cap land and certainly relevant in this current market. Personally,
I took profit and free carried my position through the 2nd half of last year at an average of ~0.23 to balance the conundrum. Why I still hold is that I believe MEI have a top tier project and have assembled a very experienced team that can take this to construction and ultimately production. When the market gets tough the best projects hold their own which I think MEI has done so far. Who knows what will happen in the future and each holder must manage their own investment, but I do know the scoping study is coming very soon. Glory to the brave!
General discussion (MEI), page-4985
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 9.6¢ | $604.6K | 6.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 117294 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 918330 | 8 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MEI (ASX) Chart |