There appears to be some short tempers on this thread and a lot of negativity towards MEO management.
Why??
They announce that there will be a weekly update.
They said it would be spudded yesterday. Big deal..this is not a huge event that requires an announcement.
More than likely, PBS has instructed MEO to issue an update weekly. This is justifiable as it is price sensitive to PBS holders too. (This happened with KAR and COP).
So why are we upset?
Because the SP dropped a bit?? Big deal.
I have also held MEO for a long time (2.5years). I am not in a huge rush to see the SP move big time until close to the TD.
I guess if you are a short term holder you would be upset.
Most of us agree that MEO have done a tremendous job and doing their upmost to turn it into the big company we all want it to be. Their focus is on moving forward.
Anyway...cheers and best of luck
where is the spud ann , page-21
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