MEO 0.00% 0.0¢ meo australia limited

Departing last hurrah., page-43

  1. 3,790 Posts.
    Why is market cap so low.?

    I seem to be the main person still positive in Meo future....had to laugh at being called a character in a Monty Pythons movie......a member of the Black Adder show.....a Meo Pr man...an executive of Eni....All Wrong..

    Just an Aussie battler....doing his best to stop from going broke...

    All those that have lost faith....I will give U some reasons to confirm UR negative view...

    1 ......The Mosman offer is 20 Meo share for 1 mosman share based on the London Exchange ...nice if U like pounds and like to pay foriegn exchange rates and fees....

    2......Well the bad news...doesnt stop there....U can add the over 50% decrease in the value in those Mosman shares decreasing the real value of Meo shares in the takeover by 50% as well.

    3.....To maintain the original market value of Meo shares at the time the takeover offer was announced...Meo should only give 10 shares for 1 mosman share...so U give mosman 10 of UR shares for free..great deal.


    Listen Up...here comes the Kicker....

    4......Did U know that Mosman will not progress..TS...454p forget wa488 ...they want Meo cash to progress there drill program in New Zealand.....

    5...... The cash will be spent in New Zealand......the Meo assetts will be sold to Eni.....sold the Origin...sold to Cue sold to Apahe....and Mosman will sell cheap and everyone is happy......except the current Meo shareholders..who are given the false impression .....the Meo is going broke..

    My positive outlook tells me that Meo shareholders are not that Stupid to get decieved....
    So when U vote....ask questions and Do Your Own Research..
    Dyor
 
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