A lot of people have bought in on the expectation of news, there are more sellers than buyers and sellers keep lowering their offer price, hence the continued lowering of price.
I wouldn't sweat it, there's been no fundamental change causing the sell off, just the decisions of different investors.
What’s going on, page-2
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $427.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $106.2K | 485.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 850779 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 212809 | 23 |
View Market Depth
| Last trade - 12.33pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
22.0¢ |
Change
-0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 21.8¢ | 136713 | ||
| Last updated 12.41pm 08/05/2024 ? | |||||
| MEI (ASX) Chart |