MEO meo australia limited

somebody please., page-8

  1. 1,641 Posts.
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    Pizza - The voice of reason!!

    I have to say, I cant really believe that the gentlemen from Singapore were happy to hand over their 10m and write off 50% of it in 2 weeks without some fairly strong technical and operational reports from Gurame.

    Yes, cold reason says we should either get out now or at least de risk 50%, but at 12c to sell at this time, is that a sensible decision to make?

    Based on the investment case from Singapore - I´m inclined to stick with it, or at least give it a few days to see how the market digests the disappointment of HS with the opportunity to take the SP back to around 30c if Gurame can flow to a commercial level with low/no Co2.

    Griz
 
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