ha ha, victorp, that sort of cash is not in my possession.
before the spike to 50c, the manipulation of the sp was discussed, this price range is the near the placement price and brings us back to why this was happening.
the spike to 50c was anticipation of news coming out, the buying was to big for a manipulator to control, let it go, as news hasnt been forthcoming, volume has dropped off and the battle has resumed, slowly pushing the price back into the 43-45 range.
imo this is to create a 60 or 90 day moving average around 45c, why, we will find out in the near future.
- Forums
- ASX - By Stock
- MEO
- watching paint dry..
watching paint dry.., page-14
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online