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MEB up a huge 188.9% to 2.6c today after announcing that it has signed a commercial agreement with Compass Group PLC to begin the first of two programs of its corporate health product, ilumen™.No mention in today's announcement abut possible revenue from this deal. I think the size of the share price jump is solely related to the size of Compass Group PLC, which the announcement describes as "the world's leading food service provider which employs or engages 600,000 people and generates annual revenues of£23.2Billion."Looking at the MEB chart, this company is a good candidate for The bottom is in! thread. A shocker of a 12 months to be sure, but is this announcement a sign of better days to come? Or MEB's dead cat bounce moment?[ATTACH=full]95830[/ATTACH]
MEB up a huge 188.9% to 2.6c today after announcing that it has signed a commercial agreement with Compass Group PLC to begin the first of two programs of its corporate health product, ilumen™.
No mention in today's announcement abut possible revenue from this deal. I think the size of the share price jump is solely related to the size of Compass Group PLC, which the announcement describes as "the world's leading food service provider which employs or engages 600,000 people and generates annual revenues of£23.2Billion."
Looking at the MEB chart, this company is a good candidate for The bottom is in! thread. A shocker of a 12 months to be sure, but is this announcement a sign of better days to come? Or MEB's dead cat bounce moment?
[ATTACH=full]95830[/ATTACH]
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