I know this is an important time for some re.pending update on Heron to determine whether to dip into the pocket..
but i have to say, I'm getting a little over the constant talk of should I, shouldn't I...ohh but closing date is tomorrow....ect.
At the end of the day, if you are looking to invest money into MEO based solely on Heron, it's a little late and probably a little un-professional
those who bought into MEO for Heron exposure should have/would have done so months ago, even years ago
MEO have so much more to offer than Heron and IMO, the information we are likely to receive regarding Heron cores will not change what the overall outlook/objectives have been for MEO right from the very start
I think the later you leave it the sillier it is...MEO may not grant an extension and you may be left out...I hope to god they don't extend it....I bought into MEO a while ago and I'm happy with my holding, but I'm not happy about the hold up to the SP that this SPP has brought...and I cant see much more than 10m being raised, so its not that big a deal.....to me, not having the extra 5-10m, but having the SP let loose and possibly be >25c right now is better, I understand the success of the Artemis CR was the driver here, but really, this is nowhere the scale to that one, as I said, 5-10m I think is all we will get, hardly worth keeping the SP 20% below is potential for
Anyway, that's my rant for today, here is hoping (for me) the SPP is not extended and the weight of the world is lifted off our SP and it's allowed to find its true value, well north of 21c
MEO Price at posting:
21.5¢ Sentiment: None Disclosure: Held
