greg
Don't get upset with me. I have total right to predict and express it here on HC.
I do hold a small parcel in MOG, bought after selling MEO for greater leverage which is now worse performing than MEO.
As for cash backing of MEO it really doesnt matter too much.. look ratios of OEX few months ago. even MEO had lot of cash back when it was under 10c. So did BRM etc etc etc.