seems like my call for the CR at 45 cents this morning was on the money. Post: 4739551
"MEO Australia is hoping to tap the market to the tune of $26.9 million with the help of Morgan Stanley and Baillieu. The deal comprises up to 59.8 million new shares (up to 14.3 per cent of issued capital) at 45¢ a share."
So definitely good to have sold out. Being moderated for a low content post this morning - the "swedish chef" video - was classic irony... not missed here! Very funny to be moderated considering my pervious rants at those who waste time. I figured I could throw one out the window while everyone else was... anyway...I know I have those who don't like my harsh posting in general... but at least I a have track record of calling MEO's swings well enough (with the help of others) and don't just ramp with nothing but hope... [Seems like a few gamblers like HC to me].
Anyway. How did AFR street talk know about this CR before the ASX? Funny old stock market...stealing off the poor again and again.
I haven't read all the posts today, but it seems to me that 28 mill or so should be about enough to drill in deep water... such as Artemis.
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