It does seem likely to be a CR to SI's for some sort of acquisition.
The impact on the SP is a worry. With volume having increased recently, probably partly due to some selling on BESBS play, the lifting of the TH could be like releasing a pressure valve as these holders would be frustrated by the TH. This could result in some initial heavy selling when we resume trading.
I'm keeping my fingers crossed that the CR is not large bcos I haven't hung on for this long only to be substantially diluted on the drill of A1. Hoping for the market to react positively to whatever MEO has planned.
ANZ
MEO Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held
