Well, the company share price is back in the penny dreadful arena and daytraders will probably trade the pips between .016c and .02/.025 cents for the foreseeable future.
Like all other speculative mining stocks, they remain on the casino wheel until such time as they can produce drilling results with commercial implications.
Will they, who knows. At the moment, it is just another cheap ticket to get entry into the billion-dollar minerals market with your result relying on the number that comes up when the wheel stops spinning.
That being the DRILL RESULTS number.
Those on the inside do OK tho on the way through the process of spinning their yarns.
Good luck, hope you make dollars.
General discussion (MEI), page-2
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $398.0M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.0¢ | $1.896M | 9.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1259358 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 210852 | 4 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
-0.010 ( 6.93 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.0¢ | 19.0¢ | 5369505 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| MEI (ASX) Chart |