MEO 0.00% 0.0¢ meo australia limited

a word for the fearful, page-46

  1. 1,976 Posts.
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    Jak et al!

    Jak: glad u dont subscribe to to ASCI ..forget the the subscription rags ..you really do not know the modus operandi behind them..regardless of their good intentioned spiel..reminds of the Rivkin with the printing company affair. Stick with what you know!..HC offers such a diverse and sometimes superbly informed and uniformed opinions..all punters should not need to look too much further than HC,It's free ...at least you will be so perlexed by the diverse opinion that you (HC posters) may be forced to dig deep and DYODD.

    IMO..the volumes for MEO will remain high for the next few days to cover the CR profit taking by the Insto's etc..then we should see the VWAP approach the 50c level towards the end of the run to support the Directors 50c option level requirements to get the Banks to support a margin loan for all the directors that want to excercise.

    That is why there is support @ 45c+ and it will soon become 50c...If it doesn't then we need to really worry.

    The Directors really need to excercise the options to have punters and Insto support over the next 12 months...if this does not happen then I would question where MEO is really heading with the Farminee prospects.

    I may add that if the directors take up the options and the Farminee stuffs MEO around mid December ..then IMO Jurgen and Co should say ..stuff it.. and do the drilling on their own...after all most of us long term suffragees have believed in Artemis's ability to produce after a few dusters in recent history. At least as pointed out by Shrewd Crude (heaven forbid ,I agree with him in this instance) MEO will have a 70% position in Artemis with a cash for a fully funded drill program ..make or break !

    the net result in this case will be that MEO upon a succesful drill result will command a ten fold (at least) increase in bargaining position with the recalitrants ( pardon Paul Keating)..the only problem here is that we will have to wait longer..what is more advantageous..

    The ST punters won't like it but the LT die hards probably will..I won't because I am still looking to free carry my shares.

    So hopefully the succesful CR will put the queeze on the Farminee..in all respects in commercial business ..It Will and we should not see too much pussy footing around by the preffered Farminee as now ..they are on notice!

    For me the defining moments in MEO's history will occur on the 1st Dec..the sortng out of the MEN FROM THE BOYS..Us punters have stuck our $$'s in and now it is time for the board to react accordingly..put their money where their their mouths are!! This will send the most positive signal to all and sundry in this CHESS game...sort out the men from the boys!!!wives or no wives!

    ATM it appears to me that the VWAP is being herded back up to the 50c level..for obvious reasons ..at least to me in prep for NOv 30th...take up of options would be a company maker IMO ..a strong signal to the preffered
    Farminee..get yor act together or bugger off!!!

    If this take up does not occur then sadly I will jump out of this protracted saga...regardless of what may lie in Artemis.

    Time to Act Jurgen!! the MEO squirrels are restless and are looking for nuts..hopefully not the boards!

    IF the Farminee is playing silly buggers..Go it alone alone or get on out!..TS and NT/68 are at stake ..so is the company credibility at this late stage.

    Orgone/Flight..your charts speak volumes of your interprative skills..albiet different slants..graphic interpretation is a skill on it's own..you guys need a medal sticing the charts up on HC alone..not easy!!Glad u do it..I am far too impatient.

    Pete 600: the only forces and they are not dark, are the brokers taking orders from clients to get the best result for their large ST trades to keep their punters happy..Superannuation funds , Hedge funds etc etc..sophisticated investors for want of a better word..but legally applicable in ASIC's context.

    The history of share trading is one of manipulation..IMO..these day we have computerised spot trades( BOTS)to help their cause..these Algorithms were instrumental in the last few market crashes worlwide..if you don't believe me then so be it..just spend a week researching computer generated trades..you will then understand more about how the normal punter has such little input into the large scheme of trades..sad but true..this does not mean we can't outsmart them ..you just have to know the game and the rules!

    sorry guys this was going to be a short post ..as usual it's a case of venting my spleen!!


    Don't worry be Happy..I still think there is too much to gain with MEO..it all depends on how mangement play it out..the focus is on Nov 30th.. rest will be history...We either make a motza or we bust over a longer term..That's Spec stocks for you..you want a ten bagger then you take the risk..just make sure you make your opinions known LOUD and CLEAR..somebody may notice!

    Keep the MEO noise and chatter going shareholders..incessantly!!

    Cheers

    Disclaimer: ALL of the above is strictly my opinion ..including unedited grammer and spelling..No advice is given and I would expect any shareholder to excercise their own DD..I and many others on this thread have done too much research to the point where it gets BOOOring..now that we supposedly know all the FA and getting so close to the end game ,then, we should go into Shareholder activist mode to help our cause..your money and mine is at stake..bugger the Insto's..Is there a Santa Claus ..and in what year will he/she land in my Gas Chimney with all the pressies???





 
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