I see MEO was getting a bit of a mention on Inside Buisness today with Marcus Padley stating the rumour of a WPL bid for MEO seems the rumour is gathering legs and the share price is gathering pace. The recent Tolhurst report may ahve been a way for MEO to say what they consider fair value for the cost of the company. Seems a while since WPL made any moves on a company and they would be keen to gain more acerage in areas they are already operating in. Monday might be a hot day for MEO after that publicity.
MEO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
