Just confirmed with my broker it isnt Bentley feeding out his 26million shares @ 20cents, from the start of of September. From the past month up to the 4th of Septermber
Bell potter has NET sold some 2.6mill patersons sold 1.4mill shares NET E-trade 1.6mill shares NET UBS 1.4mill shares NET sold
In otherwords the selling isnt from 1 source. It is just some players taking a little risk of the table given MEO is sole driling seruway. Its standard fund practice, watch them fall over themselves when we start hitting gas.
MEO Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held
