It's hard to understand why WFE has around double the market cap of MEI just because it's looking for cobalt projects when MEI has multiple projects already and Tolga on the register. I thought maybe MEI was low on cash but they had over $4m at the last half yearly which would give them a sub $20m EV. Are they expected to have spent a lot in the past quarter? I haven't followed them closely.
It's hard to understand why WFE has around double the market cap...
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Last
7,952.3 |
Change
54.800(0.69%) |
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| Open | High | Low |
| 7,897.5 | 7,953.4 | 7,897.5 |
| XAO (ASX) Chart |