I'm 50/50 on the gap. The company is fundamentally different now.
The raise price could form a floor price and we could be at the start of a rerate for the company.
But at the same time the markets are volatile and gaps are closed more often than not.
MEK chart, page-54
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Last
7.0¢ |
Change
-0.017(19.5%) |
Mkt cap ! $135.4M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.5¢ | 6.9¢ | $3.941M | 54.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1947076 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 796764 | 4 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MEK (ASX) Chart |