MEO meo australia limited

what is going on here, page-4

  1. 4,648 Posts.
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    The chart is a warning to you all - the volatility is increasing, and the bottom of the range and the top of the trading range is expanding - this pattern cannot continue. Even with an announcement, this means risk - if there is not enough then the pattern says this will go down to ~75c. If its good, we're looking $1.80. But buying on the announcement wihout really having a good model of what the results actually fundamentally mean is folly.

    It's a very dicey situation.
 
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