the share price will depend solely on the deal negotiated and probably who is the farminee.
going on past annoucements the unrisked value to meo of artemis is $1.17?, sure i will be corrected if slightly off, but if jurgen held off to go with his preferred farminee, who knows.
the previous high of 82c is probably our first target, but if someone like petrobas come on board and start throwing dollars around, at least $1.17 is a target short term.
IF it gets to $1.17 there will be numerous people unhappy they unloaded shares.
MEO Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held