Day Traders are all over this at the moment, but in the next week or so people buying now are going to make some decent returns.
Once the bigger buys take over we will push back into the 7s and then 7.5c and hopefully push into the 8s. A few holding it back at 6.8c/6.9c, a few big buyers and good bye and keep moving.
No reason this wont run to 10c in the next few days. The deal could be fast tracked.
James
MEO Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held