Meridian are acting in their own best interests however they are highly connected. They have a good idea what is happening over the border from their Hong Kong offices. I will be very surprised if they are intending to be long term holders.
Hope I am wrong because I have always intended to hold through production of SNE. My hope is that PE continues on till 2021. I continue with my view that PE is all about muddying the waters while CN and the team build value. They want their options to be worth real money, not $0.25, and that can only happen with a production ready asset, plus blue sky, and a rising OP.
Will ask around in Honkers/China next week but do not expect any answers
MMM
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $43.43M |
Open | High | Low | Value | Volume |
45.0¢ | 47.5¢ | 45.0¢ | $74.80K | 161.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 26333 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 96562 | 0.455 |
3 | 82855 | 0.450 |
1 | 50000 | 0.445 |
1 | 50000 | 0.440 |
1 | 50000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 26333 | 2 |
0.500 | 10000 | 1 |
0.510 | 220895 | 4 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
Last trade - 15.58pm 12/09/2024 (20 minute delay) ? |
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