a lot of bitterness on this thread

If you want to make money gambling you can't have any emotions. Greed, fear, anger, hatred only cloud your judgement. You have to be like a machine, feelingless.

MEO looked dead and buried on their previous failure. The shares dropped to 6c with no prospects and little cash. Who'd have thought they'd hit 82.5c soon after that. Who'd have thought they'd have a $100 million in cash to spend.

The market has a short memory. The MEO phoenix will rise again unless they get gobbled up. If the share price continues to drop a predator will likely emerge. They've still got the $100 million in cash. None of it has been spent yet.