>>I think it's time for an investigation of some sort, there is no reason behind sell off.<<
no reason behind sell off !
that is in your mind and your opinion Something clearly not shared by sellers.
What we are seeing is the a stock EXCHANGE at work.
You want to investigate what - ? Start with the ramping in chatrooms !
A MEO JV announcement was expected for a long time. There was a good deal of delays along the way. Delays caused by MEO setting unrealistic expectations in their time-line. . What did MEO announce yesterday ? A No Name partner to an agreement not yet agreed on which is subject to 3rd party approvals.
What market reaction did you expect ?
The market is reacting the way the market reacts to wishy-washy announcements. Call yesterdays announcement a Claytons announcement. More questions than answers.
MEO are experts at word-crafting ASX announcements.
Tomorrow is another day.
MEO Price at posting:
43.5¢ Sentiment: None Disclosure: Held