There's a massive disconnect between what buyers and sellers think MEP is worth. I bought at 12c today. Lowest it's ever been but for the other 2 trades today. MEPs ASX Investments may have halved in value just like the rest of the juniors. Plus they're about to spend $600K so cash balance is a little less...but with market cap at $12.5M I think 12c is fair value. In a good market I'm expecting 30c+.
MEP Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
