MEO 0.00% 0.0¢ meo australia limited

commentary from oil and gas weekly , page-3

  1. 2,248 Posts.
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    Dont kid yourself about Extract international sell off of 20 million shares . They sold off 8.4 million shares at 20cents or better before the Zeuss well had hit bottom of hole with the subsequent crash of sp at that time they probably bought back 3 times what tney sold at bottom of market and this is their strategy .This is 2.5 times the Zeuss selldown. Being a major shareholder they may have a special relationship in this mix and I would treat this selloff as a warning .In my opinion directors of this coy should be treated with circumspection.Good luck anyway, but be carefull
 
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