Another 52 week milestone for MEO today. About 42 stks on the All ords had their day in the sun. What does that tell u, confidence is back!!
For MEO, in 3 days of trading this week, we've seen abt ~62 mil. This certainly wasn't the case last week, when the entire weekly volume was 20 mill.
IMO, MEO looks well set 2b on the move for nxt week's announcement & the buyers will come from here & there, most chancing their arms for a last minute roll of the dice.
I am more then happy to see steady movement in 3-5 cents range, rather then a sharp spike. Almost there, bit more push, a bit of nudge & this kitty should b roaring.
Another '30 trading hours' till month end or should I say end of third quarter. Not long to year end & now the experts are talking about the All ords doing 5300 pts & gold $1200/oz. Shows that confidence is back.
She'll b right.
MEO Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held