It's just amazing that this recent rally in the underlying rare earths price has not been remotely reflected in the share price of MEI. Nor other non producing RE miners for that matter. The last time the REE price was at these levels MEI was 25c! It just shows you how much of a factor market sentiment is.
Speaking of basic facts - small caps are usually the big movers once a rate cutting cycle begins. This could auger well. However I still believe Gina is going to steal this company for a song before this gets into full swing...
General discussion (MEI), page-5499
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $241.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $51.74K | 507.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 918150 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1029943 | 9 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |