MEO 0.00% 0.0¢ meo australia limited

price dropping ??, page-38

  1. Ya
    6,809 Posts.
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    Spawk

    Found it. Here's the PDF link,

    http://www.xtractenergy.co.uk/documents/XtractEnergy_R&A_2008.pdf

    Xtract seem to be dumping shares in MEO since Oct '08 to free some cash & use it on other projects.

    1) Initially they had 80.5m MEO shares.
    2) In April 08, Xtract held 64m shares or 16.6%
    3) By Oct '08 they had 59m or 13.9%.

    So this has been a regular trend, perhaps CP or others are picking these up, just my thoughts.

    cheers




 
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