MEO 0.00% 0.0¢ meo australia limited

trading, page-42

  1. 3,790 Posts.
    I think you are talking about the time after the discovery of heron and Blackwood then resource estimates...etc.....new management getting settled and positive market sentiment towards Meo..due to farmouts..and the banks becoming on the nose due to the subprime issues starting in the
    US.?

    Money started to move towards resources rather than banks etc....

    Trading last week ...no BOT appeared at all......

    This month could see some big shareholders trying a few pumps and dumps in an effort to sell then buy back some shares to get a Tax deduction on there losses in Meo....for the June 30 deadline...

    Keep your eyes open for this but the nett result could be that the share prise will increase for a day or so then be sold down to return again....the resistance levels should hold between 6.3cents and 7.5cents.

    Trading should be around this area subject to possible announcements...me thinks......
 
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