There's your answer, bulked up yesterday, and i'm sure they can let small lots go at .49 to drag price down and then restock when they get it back down to level they want to buy in again at. Same old story, getting quite boring actually.........But hey, MEO could have stopped this had they wanted to. All they would have had to have done in their reply to the ASX price query, is say that they anticipate the finalisation of documents is 1 week, or 2 weeks away, whatever it may be and that would have stopped this. Uncertanty is the killer of this one unfortunately. Too many people selling of for no reason at all.
MEO Price at posting:
49.5¢ Sentiment: Hold Disclosure: Held