MEO 0.00% 0.0¢ meo australia limited

done over again 52 cents, page-4

  1. 126 Posts.
    Hi Tevez,

    any reason to doubt your mate's claim?

    Not Happy if it turns out to be correct....would want to be a good reason to be discounting to that extent at this stage....

    Don't suppose we will be offered the same courtesy?

    I have great faith in MEO and management and understand the nature of O & G...but you can't escape the reality that the little bloke gets shafted in these circumstances and the lead managers get a another "fill up"!

    ##example...from the share placement back in Nov09
    "MEO?s board of directors considered offering existing MEO shareholders the opportunity to participate on the same basis as the Institutional and Sophisticated Investors through a Share Purchase Plan (?SPP?), however the funds raised through the placement have satisfied immediate capital requirements ahead of finalising the farm-in."

    Just a little disappointing for a faithful LT holder
 
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