Consolidation is inevitable in the gold space. Cheaper for larger companies to takeover than expand organically. takeovers depend on the top 20. Not sure what current top 20 status is for mek but I would expect the bod to reject any offers. Ultimately they would be lowball compared to future earnings but that's par for the course. Currently mek is undervalued-it won't stay that way for long as gold production materialises. Unhedged, no debt. Pog is currently within 5%of ath.
Consolidation is inevitable in the gold space. Cheaper for...
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 (20min delay)
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $377.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $2.608M | 17.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 4047018 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 951865 | 9 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| MEK (ASX) Chart |