2 weeks ago MEM was at 6.3c, then went up to 8c on no news, now selling back down to 7c range. It’s partly ‘normal’ market fluctuations, it’s end of quarter as well where fluctuations are particularly common as instos reshuffle portfolios.
Personally, don’t think it’s reflective of sentiment towards sales update being positive or negative, but maybe whether there is one coming at all.
I talked to MEM and there will be an Ann re sales update this week. Obvs don’t know content of update but we can expect one.
Sales Update, page-2
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.679M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.846K | 263.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3222333 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3784999 | 7 |
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| Last trade - 14.40pm 22/07/2024 (20 minute delay) ? |
| MEM (ASX) Chart |