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Not sure what else needs to happen for some to start realising that at 18.5 - 23 cents just might be long gone.

Disappointment & panic sold this down but SP should quite easily be at 30 cents plus with a little bit of positive sentiment added back to the cash backed price of 18.5 cents. History has always shown this with MEO. Except now we have more money then last time thos happened.
The MEO SP has always been based on speculative buying. What's changed folks?
I'll tell you what's changed. We now know that no matter how crap that news was with the failed drill at Artemis, people still want to have a shot with MEO because it at least has plenty of cash to splash around a little bit. That's more then many speculative companies out there could ever wish to have.

MEO is still alive & kicking. At 25 cents & with 100M in the bank, what other spec stock could take you from 18 cents on open Mon(bad, bad news) to 25 cents at close Thurs (not too special news)?

The way I see this as a long term holder of MEO (4 years), Petrobras paid $40 M for 50% of nothing!
MEO tried................Petrobras have failed!
Back now to where we were pre farm out, but with much more money in the bank..............& with Petrobras still a potential partner in another drilling program now that they have their foot in the door!

Anyway!
I just thought it was about time that some momentum built on here showing a more positive point of view after Mondays events. It was tiring reading all that doom & gloom for any of us that have hung on to this thing through thick & thin.

Sure..........there's a long way to go, but 25% increase on my latest parcel of MEO is a step in the right direction!

Cheers folks & don't get spooked into making decisions!