Apologies in advance for reinvigorating this thread, but important to note that today:
MEO up 6.2%
CUE - flat
MOG - flat
This trend has been been fairly consistent since the farmout deal. So what you ask? IT WAS PREDICTABLE!
It was never going to be anyother way. CUE didn't have the leverage, and MOG was always going to be diluted. But the biggy, MEO gets cash bonus and carry on future costs.
In the scheme of things, today or tomorrow's movements mean little.
predictable. all very predictable., page-77
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