I have said from months ago 1.20-1.40 if it was around 80c before the ann - with a drop back to $1.00ish mid Oct.
However if we closed near $1.00 before the ann I would re-visit this target to more like 1.40-1.70 with a drop back to around 1.30. Depends if they wish to a capital raising late this year, or if the ann involves more good news other than armetis farmout partner. If so they may wish the sp to go further north during this exciting time and settle down a little rather than crash down.
IMO DYOR
MEO Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held