Don't know there is a leak. To be fair - they have kept the details pretty secret (no-one has any real idea who farminee is nor the details of the deal) and reports of a leak when they last surged were off the mark seemingly as nothing has really been said since. Good to see price on up again tho (and last year's major swings often foretold of good or bad news).
Don't think it's a pump or dump either. Buying patterns don't indicate that IMO.
We all know the announcement must be close - think their quarterly inadvertently alluded to that by not providing a further update. Can't see why it wouldn't be coming this week (companies should be back at work by now).
Final odds: Petro 6/4 Repsol 7/4 iam 15/1 Statoil 20/1 Hershey 100000/1 Any other 5/1 Ann of deal doesn't advise of farminee's name 33/1 It was all just a dream and MEO doesn't even exist 1000000/1
MEO Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held
