MEO 0.00% 0.0¢ meo australia limited

done over again 52 cents, page-76

  1. 13,667 Posts.
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    Guys we are about to spud and if the SP falls back quickly then these sophisticated investors are out of pocket straight away. Majority of them wont be looking to make a quick 5 cents. They are pushing a lot of cash in to buy at 52 cents so they are also risking a lot. I personally feel if she drops back to the low 50's she will be there for a very short time. There will be plenty of people willing to soak up a sell off.
 
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