MEO 0.00% 0.0¢ meo australia limited

Reload efforts either grinding to a halt, or nearly...

  1. 15,276 Posts.
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    Reload efforts either grinding to a halt, or nearly over...

    Weakness now is on significantly lower volume...the daily chart shows a buy for a finish at 36c or higher.

    Players clearly waiting for the last of the selling, as churn has virtually ceased...this suggests they are ready, but letting the stock finds it's own feet prior to the next push, to help ensure few if any unaccounted shares will make life hard for them.

    Took the lead to buy back in myself between 35.5c and 37c today, in expectation of a good week next week.

    Luck all.

    Cheers!
 
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