ortstock - nevermind pal, I always read your posts with interest. It is refreshing to have interest in MEO, but opportunity waits for no-one.
MEO is still misunderstood and the recent activity can be explained by some of us keen (old) folk topping-up^ and a couple of more risk-taking traders getting in "early", but MEO is still firmly off the radar, STILL. Certainly no instos are active, yet.
If Reis can value MEO at 70c+ 5months ago without putting a value on TS (before 454P upgrade), wait until the funds see the words instrastructure, LNG and royalty in the same sentence. Before you know it MEO will be in the ASX200, then the index funds must get on board and so things roll on.
^ It is handy that I was mopping-up as much as I could get at $0.18 (as recently as 16Feb) and I still have open offers at $0.195, but if I hadn't met my quota I'd still be happilly buying now. Whilst getting in "early" has been ok as I am up 36% on these parcels, in 12months time, getting in under 50c is going to look clever.
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