MEO meo australia limited
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bhs - yes. MEO will get 7.3cps in cash immediately after FIRB....

  1. Dr Daz
    2,041 Posts.
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    19/04/10
    21:47
    Post #: 6592548
    bhs - yes. MEO will get 7.3cps in cash immediately after FIRB. So if you factor this into the current share price, we are effectively still at the low.

    The market is all about newsflow. KAR announced promising results today, but then said there will be minimal newsflow and the stock was sold.

    MEO has effectively been sold as punters consider the deal done. Little do they know the show has just started in Rio land.
    MEO Price at posting: 40.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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