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1,380 Posts.
344
25/09/12
17:28
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No matter what MEO management does lately it seems shareholders complain.
"Why are they sole risking on Gurame?" was the bleet a few weeks ago. Now it's "Why are they doing a SPP?".
If Gurame is successful it will provide shareholders with significant upside.
The SPP will ensure MEO has sufficient funds to provide shareholders with other opportunities if HS-1 and Gurame don't turn out as hoped.
If HS-1 and/or Gurame are successful then shareholders will be the winners especially those that partipicate in the SPP.
To me it seems management are trying to provide shareholders with the best return possible while also being pratical.
Hopefully for shareholders both HS-1 and Gurame will hit their targets.
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