meo sp will languish around cash backing for months, look at GBP, its trading below cash backing and has been ever since its last duster.
thats not to say its a bad buy - its a much better buy now than it was 5 days ago thats for sure.
dont believe the posters who say it will go to 10c etc etc, they are the downrampers. if i had enough spare cash id be accumulating at 20c and anything below.
it will probably dip below cash backing but certainly not that far below.
15c is my floor price. if it gets there ill sell my house to start buying.
MEO Price at posting:
21.0¢ Sentiment: Hold Disclosure: Not Held
