I actually think what has happened over the last few days has been relatively positive. We are in a lot stronger position with cash to commit & drill. I am also glad retail offer was not offered, far too many people would cash in to take advantage of a lower price. Generally, not a bad position for MEO at the moment.
On another note there are far too many dreamers on HC. The same people that are pi$$ing and moaning the last few days are mostly the same preople that were talking $7.00 valuations etc. I find many people on here talk and think themselves into a frenzy and forget that reality will prevail. To those people I say, pull you head out of the sand, wake up and join the real world!
Rant Over!
MEO Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held