MEO 0.00% 0.0¢ meo australia limited

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  1. 408 Posts.
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    The big plus with the spp is that you have until the 12th to make up your mind. Next Tuesday should provide some indication as to what might be down there.If it is positive you have the opportunity to pick up cheap shares. If it is inconclusive you still have a choice, if it is negative what have you lost. Even if you decide to purchase and the price drops, by the end of October the next well should have some results out and even if they don't, the price should be hovering around the current mark based on similar speculation from this drill. imho the ssp is a good offer. What people choose to do will be based on their individual circumstances at the time.
 
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