MEO 0.00% 0.0¢ meo australia limited

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  1. 5,657 Posts.
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    I think that with Mitta3's chart, that you want to keep in mind here no1stockgure is that if Atremis hits gas it will be a success and if it does not the share price will go down.
    But you also have to keep in mind that the rig will be in place in 2-3 weeks which would suggest that if MEO hit gas the price will go up but if we don't the price will go down. Of course you also have to look at QE2 because if a miss at Artemis, it will send the price down, were as if gas is found, then the price will go up.
    And don't get me started on Cyclones because gas, price up. No gas. Price down.
    And never forget "value is very easy to estimate ie potential value of XX times by Zero."

    Gas. up. No gas. Down. GOT IT!!!
 
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