MEO meo australia limited

what reason do you need?, page-18

  1. 251 Posts.
    Sharkbite - you obviously bought Cue as a hedge against Meo ? looks smart as I do agree Meo has a much higher exposure to Artemis. But if you think the potential upside is great, I felt the downside was as well. No doubt, there is 30% chance of a success in Artemis, but at the same time there is 70% chances of failure in Artemis.
    From this aspect, Cue could offer a better chance as 70% of its value is already covered by current production as opposed to Meo?s Tassie shoals? or those NT/68 were not deemed to be attractive enough to hold the SP when Artemis is a dry.

    Just my views
 
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