1.30 difference between mee and lnc, page-7

I like what is see chaps,

but from 8/4/08 to 2/5/08 ANZ has been disposing of opes related securities in MEE from almost 36 mill shares down to 21 mill shares, and looks to continue.

Thats the brake on the SP IMO.

It's in the detail.....

from 8/4 to 16/4 they reduced from 36 to 23,
(corresponding to chart decay)
then they have only reduced another 2 mill from 23 to 21 from the 16/4 to the 2/5.
(corresponding to overall rally)

My guess is they are looking for the rally to continue, before they sell into further.

ie, expect a downturn soon, followed by the opes announce with further reducing position.

But, heres the ray of sunshine, they have already shown the 18 cent level to be their tollerance.

So, if it fall on this mechanism, BUY at 18c.

But, when all the games are over, this one is a long hold for sure, in the footsteps of LNC.

That's how I see it.

Hope to hold at 18-20c entry.

Cheers