To many games are played. Charting vs. prospects in Meo vs. 3 good green day on the ASX vs. CR in Meo and effects. If Gas is found.... who knows if a "Fair Trading" returns ? Right now suddenly wide to many orders in parcels 50.000, 100.000, 200.000, 500.000, even 1mill. flashing up, are placed or withdrawn. By myself, I dont like to trade an stock like this. This has been NOW NEW in MEO in the past 5 days. How many million shares are to buy below 52c ? (which paid the new investors) If Gas is found... how many think just wanne get out as good it gets from the past 5 days scary scenario ? To make money on the ASX is halt not for everyone equal. This companies and institutionale holders/traders get away with this. But most here in the HC forum get fooled and many many sit on loses. The "52c Shareplacement" Needs to be invetigated. It could be a Very Big Lie. Over 84mill. (average 17mill a day)shares traded in Meo in past 5days - wonder why !!!!!!!!!! And MEO end of the Week nearly 18% lost in sp. On Sunday in ABC -Bussiness might MEO get mentioned as looser of the week !!!
MEO Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held