MEI is a 95.1% owned subsidiary of NRT and its shares (MSH) are being quoted on the AIMS board of the LSE.
MEI is ready to list on the Nasdaq and a small capital reconstruction is taken place.
There won't be too many Nasdaq shares being created and it is posible that the price may rise thereby causing a rise in the MSH share price and consequently the NRT price.
Further out, NRT holders are waiting for announcements.
NRT rose 14 cents to $5.81, one of a few rises lately. This latest rise is greater than some previous ones.
Gerry Information on NRT:
12.1. The elaborate version: http://tinyurl.com/dzyj
12.2 The easier version: http://tinyurl.com/dzyl
Investment carries risk and the supply of this information is not an invitation to buy any discussed stocks.
Please do your own research and you decide if and when to buy, hold or sell any stock. I use TA to determine entry and exit points.
Please note that quoted prices may now be incorrect.
NRT Price at posting:
0.0¢ Sentiment: None Disclosure: Held
