MEO 0.00% 0.0¢ meo australia limited

anyone buying on close?, page-12

  1. 1,972 Posts.
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    Agreed Kiwi,

    This is controlled buying and selling...there is a gap that needs filling and the Gap Filler is being applied.
    Insto's and sophisticates like the gaps filled and then launch into buying.

    Better the technical adjustments are made now to fill the gap. Not much that can be done to prevent it.

    This is a traders stock until spud.It will rise ,the scene is set and in saying that there will be the inevitable pump and dump action... on news.

    A few more gaps to appear ,IMO, before drilling starts.

    So whats new?!! Hold and consolidate while you wait for more news re additions,Tassie Shoal,updates etc and then ,of course,the A1 drill.

    Cheers,

    HR

    Disclaimer: Strictly my take on the trade and make up your own mind on what your next move will be. At this point a good study of the recent trading would be good.The fundamentals we know...all good.
 
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