MEO 0.00% 0.0¢ meo australia limited

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  1. iam
    1,149 Posts.
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    I don't think we will be waiting til November 18th Zia:

    'The final stages of what has been a thorough due diligence process are scheduled for the week of October 26th. Meetings to secure the requisite approvals to execute binding agreements have now been scheduled ....... A condition of the farm-in negotiations requires the identity of the preferred farminee together with the terms of the farm-in agreement to remain confidential until these final approvals have been obtained'.

    The terms will be made sometime between the end of Oct and early Nov as the AGM papers have to be prepared and sent out by Nov 18th.

    I think after the Oct delay management wanted to thwart a possible 'leak???' but more likely reduce any more speculation if the Oct deadline was overrun slightly.

    The SP will probably fluctuate a bit but the short term manipulators have not much time left.

    Only my opinion:)
 
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