MEO
Click for more information
0.00% 0.0¢ meo australia limited

Let's assume our 7M seller has an average of 22c. Why wouldn't...

  1. ahpigsy
    5,696 Posts.
    lightbulb Created with Sketch. 241
    clock Created with Sketch.
    21/03/12
    12:07
    Post #: 9871055
    Let's assume our 7M seller has an average of 22c. Why wouldn't he sell at 27.5 and make $380K+ profit. Not a bad 25% return for your money. Has the effect of creating a massive resistance point as well where he could be accumulating more.
    Could be our substantial holder friend from the other day Glenstar Super Fund.

    Now if the 7M gets pulled. He's playing a naughty game of manipulation.
    MEO Price at posting: 26.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Large-scale copper discovery confirmed with high-grade assays—significant potential for major sedimentary-hosted copper deposits
right-arrow Created with Sketch.
NEWS Gold mineralisation discovered along major shear zone at Challa Gold Project, confirming two new intersections in latest aircore drilling
right-arrow Created with Sketch.
NEWS Step out drilling confirms high-grade cobalt & associated copper at Bald Hill
right-arrow Created with Sketch.
LU7 Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
right-arrow Created with Sketch.
NEWS Significant increase in revenue from faster NDIS approvals and launch of new leasing programs
right-arrow Created with Sketch.
CC9 Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.