MEO 0.00% 0.0¢ meo australia limited

panda was right but now im buying more, page-9

  1. 517 Posts.
    I just feel despondent about this one atm... I don't mind taking a loss where i understand... but this just seems inexplicable to me other than something fishy going on or information seeping that the general market is not aware of...

    The market would have had plenty of time to react positively to misunderstanding the whole P&A terminology - yet the SP has not recovered. there is something more fundamentally amiss here - and i want to understand more just before i jump back on...

    I dare say - i did call Colin yesterday just to understand what was meant by Plug & Abandon and to query if it was tantamount to, and hence should have been phrased as, Plugged and Suspended. I was met with an offensive aloofness and a general notion that MEO doesn't care about investors or shareholders that do not understand the industry and/or specific terminology. I dare say he did seem conservatively confident in MEO while talking over the phone... i just don't know what to make of things atm - though i will continue to follow and certainly have not ruled out jumping back on.
 
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