Not sure about any cup, saucer or teapot - but what I can see is a predictable transfer of wealth happening here. The sellers now will be the same rosy eyed buyers at 35c in 3months time when everything quite predictibly, is looking more promising.
I'm not into investing heroes, but buying at the moment is the Buffet way.
In the long term this is good. Flush out some of the old hands. Once MEO starts actually booking decent reserves from Indo NT/P68, instos will be able to invest.
MEO Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
