MEO 0.00% 0.0¢ meo australia limited

lets look at the context of this rise. Last year at this time...

  1. 127 Posts.
    lets look at the context of this rise. Last year at this time the price was exactly as it is today; just previous to that it had reached the 60s. However there was no extended debate on the following topics;
    1. the federal governments push to have LNG front and center.
    2. pluto feeds not in place or being considered.
    3. KAR discovery had not happened.
    4. paper based media articles about this LNG region not as apparent as they are today.
    5. volume of trade in the June July 08 period just over half June July 09 volumes.

    I think that we will see at least the 60s and if the day traders get out of the way perhaps more/much more
    Cheers
 
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