MEO 0.00% 0.0¢ meo australia limited

average

  1. 4,863 Posts.
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    as at 2pm we have seen some 20m traded at an average of 55.5c and no change in sp from Friday close.

    Can one assume that these buyers are seeking at least a 10% gain?

    If so then the sp should rise beyond 60c near term.

    If not then a 10% loss ( fall below 50c) should clear these purchases?

    Any views???????
 
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