Bundabum
Don't know if it is the "answer' as don't exactly agree with your interpretation...
You could follow the same logic for traders entering MEO when it was in the 20s..and still dumping....
My view is that MOG got ahead of itself....as previous 2 attempts at 40 cents prior to breakthrough on final approval news, MOG was trading around 15 cents both these times....
Surge on MOG up to this announcement was signal for me news was due ie getting ahead of itself and out of whack with MEO as MOG more favoured vehicle for ST traders given additional leverage it offers sp wise...
Anyway I used that as a signal to buy MEO shares and done nicely so far on that trade..
That is why I follow both stocks given close association with Artemis....
And yes I also like Haspete's chart...very realistic target for me given resource and risked/non risked values touted for Artemis...
BundabumDon't know if it is the "answer' as don't exactly agree...
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