short term trading - week starting: 24th sept, page-226

  1. 24,192 Posts.
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    MEU - Well surge in Volume looks like it may have been insiders knowing a report was to be released ..... Down trend looks set to continue ... Ann Also talk about extension of Right issue ... The key will be the rights issue price which I expect is well south of current SP.. . which is like to be the floor for the SP going forward. Did not acheive 11.5c so entry voided.... For the time being.

 
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