You are fixated on what is now a dog stock and may miss opportunities elsewhere in the current market strength.
Any rally MEO has will be sold into - existing shareholders will take any opportunity to bale for a lesser loss and move their money elsewhere.
The stock doesn't even trade any more - that in itself speaks volumes.
Sure, the company still has some interesting assets and opportunities and may even manage to recover to a decent cash balance without further share issuance. But its credibility has been shot to pieces and people aren't listening anymore. It is lucky to be trading as high as it is now.
MEO Price at posting:
8.3¢ Sentiment: None Disclosure: Held