MEO 0.00% 0.0¢ meo australia limited

market didn't like the cr, page-21

  1. 719 Posts.
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    I think we all need to just sit back and relax! Nobody like their shares in the red for any reason, especially a cap raising!
    To me(a long term holder), yes I was unhappy the sp went down so muc today, but I have faith in this company, they have not stepped a foot wrong since I brought in at 10cents after Zeus.
    This was a perfect time to gather some extra money(Needed or not) from big investment firms intrested in MEO. I would much rather this than a simple SPP to anyone and everyone. These big companies know what they are doing and 30million is a big bet on 32% success. Even if they don't hold all the way, its still a big gamble, considering what a SPP can do to a share price...everyone needs to just relax and stop crying over spilt milk. We are alla little dissapointed because most expected to price to be at least 63 rather than 53. Most of these people will be getting out before TD anyway..LT'ers..have faith, and you will be rewarded.
 
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Currently unlisted public company.

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