With today's trading, whilst there's a lot of shares for sale at 0.40, I get the feeling theres a lot of excitement or enthusiasm for MEO out there. Even as I write this, the stale-mate between 0.375 and 0.38 is being broken by buyers repeatedly accumulating chunks 30,000 to 50,000 shares at a time at 0.38. I think the market expects MEO to go higher in the very short term. I know it's pointless talking about short term fluctuations, but just as a personal observation this is most interesting day I've seen with MEO for the last couple of weeks. Whether this is a transient rally we're seeing, whether we break through 0.40 or whether this leads to a pre-spud rally, it's anyone's guess. Either way, it gets me bouncing in my seat :)
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