MEO meo australia limited

maiden profit, page-3

  1. 9,317 Posts.
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    Vistica
    That was a bit of a dummy spit.
    I dont hate MEO, just think they are overly optimistic with their reporting, ie GCOS 32% for A#1 compared to Independent rpt at 13%.
    Seems a lot of people lost money by believing the hype and getting in too heavily.
    MEO no worse than many other pure specs hoping to attract funding and farmin partners, however the integrity bar is set pretty low within the junior oilers.
    My posts were'nt downramps, just pointing out the real risks.
    Some punters will emerge from this experience a bit more objective next time round.
    Well done to those that traded it with a profit.
 
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