Was tempted to trade out on the close but noticed that most of the non-administrative or drill-related announcements are released before the open.
Expecting good news tommorrow or Monday. Cant see why confirmation of +2.5Tcf wouldnt make MEO fly.
Whilst I dont think MEO will test previous highs in the near future, the insto's who partook in the $50m raising at $1.25 would have been expecting a long term realisation of value from these drilling results.
Good luck....
MEO Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held