XTR is going great guns over here (london), owning, as it does, 28% of MEO. I wonder if some of you guys (?in the know) have been buying XTR at night on LSE AIM since MEO has been supended. It makes sense, since XTR has not multibagged like MEO as yet, but it is really starting to get going just now.
Good luck for Monday, we get to see your action before our markets open. Our trading hours are 8am to 4-30pm, BST which is one hour ahead of GMT.
Where to put the hot money if MEO overheats? One other AIM stock you might like to consider, if you trade foreign shares (London AIM), is LSE:MTA. Similar to ASX:CPN in that it is a small European O&G E&P, with a new big backer who has taken a large slice. The differences are that:-
- the first acquisition (OOO Arkhangelskoye) is complete and ready to drill
- the share price has not overheated in the way that CPN did (yet), but is really starting to get going now.
The guys on advfn consider that it is worth 14.5p on current assets (presently 6.5p), and could achieve 60p in 18 months.
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