Everyone this is the right decision.. Speaking to a lot of longer term holders, everyone felt this was being held back on each announcement because it was come issue. It has been in this state for over a month now and you see the trading action around each announcement. This will clear this hurdle and give them the cash to properly explore and drill their key projects..
The market loves certainty.
I know some of you had heard conflicting views on this the past days (raising, not raising) but I think it became clear after the Mulligan ground pickup and start of a very exciting drill program(that should have run it well back into the 7s or 8s) that the stock was been held back on the belief a Cap Raising was around the corner. So this takes away the speculation and allows the company to accelerate. I would say right decision MEI!!!
DYOR. Not Investment Advice.
Ann: Trading Halt, page-13
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Last
9.1¢ |
Change
-0.002(2.15%) |
Mkt cap ! $222.2M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.6¢ | 9.1¢ | $122.1K | 1.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 573100 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 51329 | 8 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MEI (ASX) Chart |
