MEO
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0.00% 0.0¢ meo australia limited

Ann: MEO completes share placement , page-44

  1. Naveen123
    810 Posts.
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    18/11/09
    13:39
    Post #: 5929512
    Share issued to Institutional Investors at .45 Cent, they sold these back to MEO holders above .50 cent. Why these shares issued at so cheap price. It could have issued around .55 cent when share was at .60cent. Every one noticed consistence selling to drop share below .60cent before CR anoucement. You can't ignore insider trading.

    NT
    MEO Price at posting: 50.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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