Last time MEO took off was exactly 2 wseeks prior to the deadline. Personally I agree with many that an ann will come before the 18th. However, if we think the 18th Nov is the big date then around Wednesday next week things should heat up. Shorters/manipulators may this time hold off a little to spook people and keep accummulating at low prices. When the traders decide to push it up they WILL. I have seen many spec stocks like this tripple in 2-3 days and then drop back to around 100% gain. Would not be surprised if MEO does this - especially with Tassie undervalued too.
Valued price is 1.17 and IF a good farmin deal is done expect to go to this or over come annoucement. Remember options are due 30th June for CEO and another 2 directors - plus they want more options so they appear confident good news is coming IMHI.
I am holding and have done since I bought back in after the 1st big drop. Good luck to all.
MEO Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
