MEO and the annoucements. So, for the next year is no hype for any drill for gas ? Just hoovering around the 15c level and company wants to buy back. Well, you need to think, when last time they raised for 50c, and the ones who paid for it sold out for profit, bec.sp. was around 60c pre-Artemis result. And the sp. went down to the low 40c level and everyone wondered why. Who kows what was true, but The (cornerstone)or insitutional investor might paid only 40c and not 50c. right now I'am 1000% convinced, they hold not a single MEO share. The converted into profit and that all was a frace, which ASIC should have investigated. Then came pre artemis drill result found gas and sp. went back above around 55c. Then the party ewas over with next ann. No Gas Found. Now can only say wow, one year ahead with no potential to see higher sp. I need to take a very long shower to get this "New" scenario soak in and under the skin. Unreal MEO.
MEO Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held