Fibonacci Calculator High: 82.5 Low: 6.2 Expansion 23.6% = 64 (done) 38.2% = 53 (done) 50.0% = 44 (done nicely) 61.8% = 35 (can be, to hit the high 35c on 19/1/09) 78.6% = 22.5 (if jv unsuccessful . Likely can happen (?) that is why MEO need to raise fund, just in case) 100.0% = 6.2
The so called good project is there for > 2 years, but none approach, why? Share holders should ask MEO director. I have been in/out since it called Timor Sea. This is my view and GUESS only. Can be wrong. Good luck.
MEO Price at posting:
42.5¢ Sentiment: None Disclosure: Not Held