MEO 0.00% 0.0¢ meo australia limited

unbias forcasts for meo short tetm, page-4

  1. 1,764 Posts.
    I would say do not do that - sell now. FIRB needs to be dealt with ASAP. May at latest.

    I say do not sell from my past mistake with warwick. I bought in at a high before the GFC. It dropped from 40-7.
    I sold out at 19 - bought back in at 16 - sold again thinking it would languish. Not go much higher than 19 from a low of 7.

    Then the reason why I bought it - takeover target and good fundamentals came about. Trading halt. Went to 60. If I would have held my 100K I would have been out at 150K. Instead I made a substantial loss. Losses afre HARDER to recoup then we think. Luckily I have made up that loss from kar now and ago. I am wiser for it though and it has helped me with MEO. Come Oct this will be close to $1.00 if not more. Next 4 weeks - who knows. I say up to 60s or 70s.

    If you were going to get out ancd put m oney into another stock January was the time - not now IMHO. Ultimately up to you. GOOD LUCK EITHER WAY!
 
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