MEO meo australia limited
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  1. hotbid
    117 Posts.
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    07/05/10
    20:12
    Post #: 6671792
    Having been a Meo Shareholder when the shares have been a low of 6 cents and a high of 81 cents , the current price of 32 cents is irrelevant. What is relevant is that Meo will obtain FIRB approval for Petrobras , it will be cash rich and cannot experience cash burnout which wipes out other Spec stocks. The moment of truth comes with the drilling of Artemis.
    MEO Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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