rest assured the guys here at MEU should take a leaf or two out of SIR's book and will play it the same way IMO
drip feeding results to the market and arranging the necessary broker support at each new level of support
fact is, with 42M trading already and the possibility of 50M being traded by the end of the day, a lot of stock has changed hands. this will not simply be one day of fun, but should continue long into next week as punters anticipate results.
if results are anything close to SIR's, then 50c is first stop
it was not retail punters that pushed it to 29c this morning, it was instos. those that did I expect understand the results a little better than most on this thread. therefore, if they want to do it again monday, they will.
MEU Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
