MEO 0.00% 0.0¢ meo australia limited

trading halt, page-51

  1. 13 Posts.
    I won't be happy if Mac are given money for jam if the cash isn't needed now. Anyway, I guess I can be pragmatic enough if the the SP hits $5 and I walk away with enough to keept he missus happy for a while.

    That said, if the company has the cash to keep drilling, why go and get more cash now by selling stock at basement prices? Why not wait for the SP to rocket and then go to the market or insto's? Who owes Mac so bad???? Makes me wonder if they know something that they aren't telling us and are going to need the cash to keep drilling for longer than anyone anticipates?
 
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