My sentiments exactly Dr Daz. If you are a technical trader, then Meo may not be the trade for you at the moment. However fuandamentally this stocks looks very attractive at the moment.
Short term we may see some more volatility, but long term 6-9 months I think this share is going to produce an excellent return. As a couple posts have presented today and in the last few days, the fundamental value of Meo at current prices is well and truly worth an entry.
My entry was not much higher than current prices, but my prediction is for an exit much higher.
My holding in this company is substantial, and each day I feel like kicking myself for entering the stock already. However you will never pick the bottom nor the top. At these prices I feel the upside potential definately outways the downside potential.
However these are only my thoughts and in no way would I like to influence anybody. Bring on the announcement.
MEO Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held