MEO 0.00% 0.0¢ meo australia limited

100mill gas deposit found off coast of darwin, page-2

  1. 9,188 Posts.
    Bionic Boy:

    One brief question:

    Why was the share price reaction so muted on the announcement today?

    Why was the markets response to the discovery so lukewarm?


    Delayed reaction? Mrkt worries? Failure to recognise significance? Or sold off on news?


    The article's are intersting. Good reads. But after reading them, i expected SP to have jumped. I checked, and it was in fact sold down?

    Why? Please explain...


    Cheers!
 
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