MEI

5.88%

16.0¢ meteoric resources nl

VMM better than MEI, page-199

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watchthisrise

944 Posts.

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29/04/24

20:24

Post #: 73567316
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Originally posted by Scarpa: ↑

You are clearly out of your depth here. Requiring someone to revisit their answers and you be judge and jury is a joke - what you are asking me to do is to now lie on my previous view. My views are actually very similar to @insaf if you actually know how to read and understand simple geological terms. They are my views and I am not changing them - note I am a non holder of either stock as well but looking at them because they both have good risk reward possibilities.

Your post is the essence of contempt to be frank, or bluntly demonstrated ignorance.

VMM has higher risk reward is what my post essentially said, so if they get things right then their market cap will obviously go gangbusters and how that inter-relates with MEI is what MEI does in the interim, but it is risk reward as MEI is more established and is the market leader in that Brazil area. If VMM gets to teh same level as MEI it has more room for growth than MEI because it has to catch up to MEI - hence risk reward (can make plenty but also lose plenty as VMM is a more riskier stock than MEI at this stage).

You also might want to understand resource definition - if you actually understood the difference what I was saying is that MEI has a greater resource at this stage than VMM, which be definition also contributes to differences in market cap.

I suggest you actually invest in blue chips as this end of the market is not for you. I agree with @insaf, if you have enough funds invest in both.

Do not reply too me again - I shook my head at the stupidity in your post asking posters to give different answers to a question and revisit their answers, to appease you LOL, if someone had already stated that.

All IMO

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The answers are too similar so I can't allow it.

I will be fair and not disqualify you for your rude responses.

MEI Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 16.0¢		Change -0.010(5.88%)		Mkt cap ! $318.4M

Open	High	Low	Value	Volume
17.0¢	17.0¢	16.0¢	$639.2K	3.939M

Buyers (Bids)

No.	Vol.	Price($)
23	880649	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	150459	2

View Market Depth

No.	Vol.	Price($)
21	874022	0.160
14	2119169	0.155
24	1078623	0.150
2	380000	0.145
7	278000	0.140

Price($)	Vol.	No.
0.165	100000	1
0.170	466583	5
0.175	629924	2
0.180	563346	4
0.185	988500	6

Last trade - 16.10pm 21/06/2024 (20 minute delay)

MEI (ASX) Chart

VMM better than MEI, page-199

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