Sorry, to qualify what I mean. In previous times when the SP dropped to low levels there was a far lower MC as the SOI was low, as there has been a significant increase in shares on issue, the MC is now a lot higher.
So the people expecting to make insane multi bags and bags on this or to buy in at an insanely low bottom need to keep their eye on the MC as well as the share price. You are less likely to bag like crazy when there are 1.5bn shares on issue.
What a Surprise !!, page-12
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17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $338.3M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.3¢ | $707.2K | 4.248M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40764 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 840486 | 5 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| MEI (ASX) Chart |