Very quiet from MEI of late. Should they choose the sale of butchers creek to keep the Company doors open,I wonder what it would be worth. Not a viable mine by itself so they are constrained by buyer options being only one of the neighbours. The neighbours would know this and the fact MEI don't have many other options up their sleeve so cannot see a huge price tag attached.
With the current cash outflows and potential sale of an asset, it still doesn't actually buy them that much time to pull a rabbit out of the hat.
Reg
General discussion (MEI), page-70
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 18.5¢ | $1.403M | 7.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 567243 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 159834 | 5 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.010 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 19.5¢ | 19.8¢ | 18.5¢ | 2534626 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| MEI (ASX) Chart |