the indicative price is an 'indication' of what the share price will re-open at.
Surplus volume is how many units/shares are left avaliable at the indicative price. So if their is a indicative price of 47 cents and asurplus of 22079, and i put in an order for 22080 shares above 47 cents then the indicative price would move up accordingly.
the asx website has some good expliantions as well.
MEO Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
