MEO 0.00% 0.0¢ meo australia limited

Tree shaking maybe but if the theory that a lot of punters and...

  1. 173 Posts.
    Tree shaking maybe but if the theory that a lot of punters and day jockeys hold this stock then the MOG announcement would have had them running for the doors.

    2 problems have now arisen.

    1. There is a perception of distrust because the farmin that didn't get announced at the end of September and this has 2.) lead to speculation that there is no interested party and now that MOG will get 50% come year end.

    Even though things are still progressing from MEO's end and MOG have said they don't expect this to happen its still caused panic.

    Just like when MacBank was going under a few months ago $15 ... that was $35 ago

 
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