MTU 0.00% $12.17 m2 group ltd

peo aquisition

  1. 219 Posts.
    Not exactly a huge vote of confidence from the market with this aquisition.
    Buying volume dried up sellers barely holding.
    I expected at least a conservative jump to 70-80c with the market factoring in a conservative gain from the PEO aquisition.

    Very thin volume (some days none) and just respecting the 50c support.
    I expect a break out soon and a big one - I just jope its to the upside.

    I expect at least 3.75 - 4cps reported earnings for 1st half in late feb.
    Hopefully this should boost expectations.

    Very quiet.
 
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