To All MEO's progress report on the 23rd stated that they EXPECTED spudding on Wed 24th. For all we knew this target could not have been met. It was CUE who confirmed the spudding. It is one thing to say that no news is good news but it is a very discourteous arrogant stance on MEO's part. It's akin to telling everyone your wife might be in labour tonight and then keep everyone guessing.....did she....didn't she... Say what you want about MEO but please admit that they are just as useless as the next company on the ASX with SH relations. I will say it again: SH has 2 roles- 1) a burden when a dividend is paid because it detracts money from the company's fat pockets and 2) their best mate when the ATM is empty. Every where in between you are given the bare regulatory minimum.
MEO Price at posting:
53.0¢ Sentiment: Hold Disclosure: Not Held
