You could be correct - and it is great to have [posts that put a negative spin on things to give better insight into risks. especially with spec stocks.
However, I feel this one has some way to go yet. They have much to make up for from the past, and greed is part of the parcel with trading. Good or bad it gets in the way and leads to bigger downs and ups. Can see this going to at LEAST 1.20 IMHO - then settling.
People are seeing a mini kar here. One should not really compare as many posters have over the weeks, as Karoon has so MANY top notch leases, however this one is still undervalued IMHO
DYOR
MEO Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held