"Quite simply, ‘the market’ sees it that way."
And that is all that matters because at the end of the day we get paid by stocks going up and stocks only go up when the market wants to own them.
In the Brazil ree sector(it's like a it's own little sub sector of ree) MEI is the liquid leader, no one with any money can actually buy VMM as there is no liquidity, the liquid leader will always outperform because that's where fund money goes. There may well be other funnymental factors that makes MEI more valuable, i don't know or care myself
Not held yet but watching closely, these long bases are where my biggest winners come from
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Last
9.7¢ |
Change
-0.001(1.02%) |
Mkt cap ! $222.9M |
Open | High | Low | Value | Volume |
9.9¢ | 10.3¢ | 9.4¢ | $804.8K | 8.226M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 61698 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 25643 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 61698 | 0.097 |
1 | 250000 | 0.095 |
3 | 328700 | 0.094 |
6 | 697752 | 0.093 |
4 | 174702 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 6000 | 1 |
0.105 | 1384097 | 16 |
0.110 | 916514 | 13 |
0.115 | 1360654 | 6 |
0.120 | 242000 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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MEI (ASX) Chart |