MEO 0.00% 0.0¢ meo australia limited

closer to production, page-4

  1. 2,389 Posts.
    Yes I do!

    How about the two consecutive announcements earlier in the week though that were positive too. They were greeted with a drop in SP of some 30% just as quickly as the anns. came out.
    I've been holding my shares for a while now, slowly accumulating. I'm not the once that needs convincing. The day traders are messing around with this stock a fair bit at the moment. Once the big investor that got out in the 80's or $1.50's comes back, then i'll answer your question a little more accurately. In the mean time, we are in a very volatile market where people are dumping their 'MEO' type stocks to help pay for some other blue chip stocks that they consider a better & safer bet!

    But back to your question! Yes......................a pretty damn good announcement.
 
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