I am expecting the wait to be shorter than most expect with the next 300 metres being the critical target areas.
I view the latest news to take increased safety measures on the back of excess readings as mildly bullish and believe news will be sooner rather than later come Monday or Tuesday of next week , with the most likely scenario in my opinion will be updated news over the weekend when markets are closed .
I hold a small parcel , and will increase this if we see any sign of sellers abating the constant high churn rates
My reasoning for waiting to see a trigger before loading up is the downside risk on next weeks news is in my opinion a drop of around 30-35c on poor news , on the other hand if there is signs of a hit the upside attraction and possibilty in my opinion is anything between 60c to $$$
MEO Price at posting:
49.5¢ Sentiment: Hold Disclosure: Held