MEO 0.00% 0.0¢ meo australia limited

coal seem gas story

  1. 810 Posts.
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    I am not going to criticise mgmt or blame any body for recent SP of MEO. What I understand and again and again stressing in my posts that the market conditions are only to blame for all CSG SP down since Nov,09.

    We are a pool of investors and some of us are big investors.There is another thing in air that in mid 2009 rise in CSG stocks was not participated by institutions and big investors so they want and continuosly driving SP down to participate in next big rally. This rally seems imminent looking at big deals of LNG with China, Japan and India.If you remember in 2009 AFR called it a next boom. So it is my opinion the boom is there and you can't say it burst before started. I want to be stay invested at this time when prices are cheap of every good CSG stock. who knows this time the rally will be much bigger than 2009.
    It is my opinion DYOR
 
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