MEI 2.70% 18.0¢ meteoric resources nl

Yes in the shorter term the risk reward of VMM supersedes MEI....

  1. 10,149 Posts.
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    Yes in the shorter term the risk reward of VMM supersedes MEI. Mei has already been through the growth at this phase for 0.02 c to 0.16 c.
    one needs to qualify the above stating that short term price movements is not indicative of the quality of a stock. Prolonged price action is the true indicator. I personally think, with what is in the public forum, MEI is the more stable, better stock due to its progress. However, VMm has the potential to match or better the operational metric of Mei - if it progresses to prove up this thesis, the sp disparity will be reduced. In the case of VMM, this can be illustrated within the next 3 months. If I had only one stock to buy at any given time between the 2, I’d start at Vmm Now and then shift to Mei after 2 months.
    if I had money to buy both, I’d have both in my portfolio.


    Last edited by insaf: 28/04/24
 
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