heres the private and confidential term sheet , page-51

Gobble,

What you said in your last post...

"Mate, Anatol left because he became acutely aware of the underhanded, deceitful practices both on this MEO forum and in our market. This I know"...

is actually no Gobble! ...I know Anatol and can confirm to all and sundry that this fine gentleman was totally fed up with what you stated...So was I, as were/are lot's of others.

You can always tell with stocks when the Algo trades start.
They are there for a reason and the simple reason is the vast majority of players/holders cannot afford to employ brokers to activate a buying or selling Algo via a broker for their own benefit...this is for the select few who can pay to get a result.

It was pretty obvious in the last weeks trading that the SP was rising until the Bots hit the stock.

The Bots ,in retrospect, were capping the SP to a VWAP to support the totally unexpected CR....Nice one JH!!!

Obviously the PR trip to the US was mostly to rattle up the circa $30M CR to "Sophisticats".

The vast majority of punters were left in the dark as usual....just look at the CR this time last year.

JH was in the Brokerage game for a long time before MEO.

He obviously knows how to raise $$$'s to suit certain company needs or desires.

It is now clear to ME, that those "certain needs" are not necessarily in the interests of most shareholders and are not designed to enhance shareholder value in a continuous flow....more to the point, the SP chart, put up by MEO in their announcement ,showed a classic pump and dump,day traders delight format.

If any one out there has watched the charts and the course of trades for say,a year, then you would have noted the high level of Bot activity associated with this stock over that period.It seems to be well co-ordinated and contrived in my opinion.

I thought it had finished when I re entered couple of weeks ago ...the SP was going up as most of us would have expected...up and up until into drilling..so we thought,UNTIL... the Algo hit the stock late last week.

I could smell the rat a mile off...a few others did as well...placed a sell order on Monday to exit before that rat stink flushed us all out.

I thought the "Rat" was a play by PBR to buy in or another major player taking a stake ,with a concerted effort to keep the SP down to a low VWAP (mid 50's cents!)

Then I realised JH and crew did a run around the blocks in the US to Sophisticated investors ....why do you do this? ...to raise money.

So there you have it ..we were shut out with the Trading Halt and we will find out how it pans out by 10.30 am tommorow...instead of trading at circa 70c with no CR.

That is what I call giving shareholders real value and a reward ...NOT!!!...for last years protracted delays and subsequent CR this time last year.

Who is the Rat????

Anatol is now doing very well indeed in ELM where you have reality being the order of the day without shareholder surprises.

I have now learnt to run fast from a manipulated/Algo infested/bot / Rat attacked share.

Recent examples..LYC/MMX/CDU ...Meo has been up there with the best of them...That's why I left..that's why Anatol left ,that's why many others left the stock...My poor Ass was left burning...had to apply the fire hose on that poor donkey..just to keep him alive...poor bugga nearly drowned after the fire!!! :)

I now fear this purposely built in Algo trading has been instigated by MEO or its appointed brokers and that is it now firmly set as a future fund raising strategy....meaning true shareholder value will be stifled by the company's continuing and totally unexpected "SI CR's"...there will be lots more IMO...there's a lot of staff to pay and they are all highly paid.

I only came back recently after watching out for "Bot" activity..could not see any and jumped in. ...well they are back and I will be out...stuff the drilling, the bot's pose a far greater risk ,more so than a duster in the near term let alone the Sophisticates who will glady take 5-10% on a day trade..thank you very much for coming ...line them up again...they will say.

Ahhh... Don't you love sharetrading...Ohhhh..don't you love investing in shares....each to their own ..it's your money ..spend it or invest it wisely.

There is nothing certain in this market at this point in time in the current global market climate.

You just never know.. A1 might be OK and hopefully the BOT's do not prevent the shareholders from realising the maximum value from their investment.

Cheers and good luck

HR

My money is needed alsewhere. ..No advice given or intended..just my opinions above.

If there are nay spelling or grandma mistakes..well stuff it ..the drink made me do it and I am not going back to recheck!