mrmoshe Thanks for posting Paul's Gann type dates for MEO. I am sure many of us are still hurting from the last disappointing result & need a bit of cheering up from someone. I keep holding for better times. I sometimes wonder why the sp had fallen so low when KAR with similar leases has soared. There must be many other possible oil or gas field sites in all that real estate. I wonder who the movers & shakers in MEO are? Who are the personalities who decide long & short term strategies & tactics? Like Hosking in KAR. Does Palmer throw his considerable weight around in the decision making process.? Or is he just an eminence grise in smokefilled boardrooms? If we could just get a clearer picture of near term strategies: do Blackwood & Heron get put on a back burner? when does Tassie Shoal get built on? have 3D surveys located targets ready to be drilled? or do we have to be content with the where-there's-smoke-there's- fire theory re present share price movements?does MEO become a latter day Liberty Petroleum which according to today's Australian Financial Review " specialises in snaring acreage near big discoveries in the hope of selling it soon after."
MEO Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
