Personally I am expecting something soon as drilling is targeted to commence in July and I know Dr Tunks is in Canada next Monday and from the last announcement he said he was eager to get the drills running.
I sent an email to him last week about a couple of things and also requested an updated top 20 list and he rang me back from the airport, before he boarded a plane to London, within about 20 minutes of me sending the email. If you have any queries about MEI I strongly suggest you ring him as he is very eager to hear from and talk to shareholders. Great management and gives me alot of confidence knowing someone like that is running the company now.
A couple of the things I requested in the email was, is there still 5m 4c advisor options still to be exercised (and the answer was yes, as per the 3B today too) and have any of the 8c advisor options hurdles been met and the answer was no.
Also the company has now put an updated top 20 list on the MEI website (as of today) under investor center/share capital...link http://www.meteoric.com.au/sharecapital. Comparing the list as of today to the last top 20 list in last year's annual report it is interesting to see that Tolga has not sold any but about 1/2 of the top 20 has sold out and the top 20 now account for 26.79% of the company (previously it was 39.38%) so although the advisor options have had a big effect on the SP so has the sale from quite a few of the previous top 20 which to be honest surprised me. Looking at the new list you can also see that the top 20 have added about 7m more shares since 30/4/18 as well, including 1 new holder.
Looking at the 3B issued tonight also looks like one of the ex directors has exercised their 3m options (issued back in 2015) at 1.2c.
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Last
9.3¢ |
Change
0.001(1.09%) |
Mkt cap ! $222.2M |
Open | High | Low | Value | Volume |
9.2¢ | 9.4¢ | 9.1¢ | $255.9K | 2.772M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89150 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 50896 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1773521 | 0.011 |
11 | 2924000 | 0.010 |
6 | 4510000 | 0.009 |
7 | 2258300 | 0.008 |
1 | 142857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 620532 | 3 |
0.013 | 1998837 | 5 |
0.014 | 926384 | 7 |
0.015 | 670000 | 2 |
0.016 | 1179000 | 5 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
MEI (ASX) Chart |