doesn't justify it at all but it's part of the market landscape and the ASX are a docile institution that couldn't police the running of a fair chook raffle at your local...something they might try and defend though.
I'm not aware of the circumstances surrounding BBI and BEPPA but a quick look at the charts tells a story.
Meanwhile the MEO board has gone from
135 buyers for 2.543mill units 417 sellers for 9.625m units at 7am this morning to
169 buyers for 2.921mill units 442 sellers for 10.72m units as at 9.15am
surplus volume of 98340 units favours the buy side for the moment.
In all that time the IP has stuck at .53 so most of the sell orders have been place lot further up the board.
It will be an interesting open!
MEO Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
