Hi Hotrock
Now the cash value will be 18.3c per share after the FIRB approval.
Todays price 26.5c - 18.3c = 8.2c for MEO.
Of course it is cheap.
Leave Artemis and TS project aside, I don't think even only Heron would fit in this price !
Calc:
US$ 39M payment from PBR is now coming to AU$ 47.5M (exchange rate is 82c today). Plus the money in hand AU$ 40, we will have total f AU$ 87.5, divided by 477m shares and it comes to 18.3c per share.
- Forums
- ASX - By Stock
- MEO
- 24 cents here we come
24 cents here we come, page-12
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online