Shaw sold 5 million shares on 25/10 (the big ASX red panic day) but I am 100% sure that these were not the advisor options because I can see that Shaw bought these shares higher up and then sold for a loss. I don't have access to the full share registry but from the broker data I believe they capitulated and dumped everything they had into the support lines in a moment of madness.
There have been some big buyers on market too, there aren't any cheap shares left to sell now and it will not take much buying pressure to double the share price IMO.
MEI Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
