Wednesday will be an interesting day for MPO.
There was a mixed back in CSM stocks today after a very strong run up in the past fortnight.
Today:
AOE down 2% (was down8% but recovered)
SHG down 10%
ESG was down but recovered to be 4% up - its mother stock HGO was down 1%
MEL up 2.6%
MPO down 2%
History would tend to suggest a major recovery on Wednesday or Thursday unless something happens overseas.
The announcement of the LNG plant for Queensland is interesting - has implications for gas prices in Australia.
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