MEO 0.00% 0.0¢ meo australia limited

I don't know , but every body seems focused on MEO dropping...

  1. 390 Posts.
    I don't know , but every body seems focused on MEO dropping below 0.24.

    I may be wrong ,& often I am but, the way I see it is that the SP for the last month has settled into a trading range of about 0.28 - 0.30. Then with a little tax loss selling over the last few days before the end of June brought the SP down to 0.025. 1st July churned 0.24 - 0.25 & then after the 1st July, turning back up towards what I think the trading range of 0.28 -0.30 again.

    The SP may trade this range till Artemis regains focus of the market, upon which the SP should start to approach 0.40, where the broader market would start to pay attention.

    After that who knows, I don't know.

    PS. I may be wrong.

    TTR
 
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