MEO 0.00% 0.0¢ meo australia limited

how will positive news be announced?, page-37

  1. 1,710 Posts.
    SoAF,
    Does not make good business sense for MOG to sell cheap and bolt, besides on A1 success MOGs share price will increase dramatically, and will make good sense to do a CR, MOG will only require around $14 million for their share of next round drilling. If MOGs share price rises to say $1 thats only 15milliion shares for CR, 5% dilution.

    IF MEO wants to by MOG share of Artemis then will have to pay premium $$$. Then again CUE may want to buy MOGs share, or OXX or even WPL teaming with CUE??? WHo knows, one thing for sure is that MOG is groomed for a take over.
 
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