i think the 6% fall today back to 21c just proves the results are looking very good for MEO
the great results is pushing current holders into selling their 15k worth for 22c so they can buy 15k worth (more shares than at 22c) for 20c in the SPP
so by that we can see the market likes the news
Come Monday, it will be like a weight has been lifted, no more need for current holders to sell for the SPP cheaper price
we should be trading 26c+ imo
MEO Price at posting:
21.5¢ Sentiment: None Disclosure: Held
