MEO meo australia limited

a history of zeus-1 drilling -no comment, page-11

  1. 6,279 Posts.
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    TevezFC,

    After the GFC, MEO shares goes up to 32c on Feb 13 2009 from Nov 21 2008. Open your eyes! That is happening after GFC!

    Then,.. they were being dumped by those big shareholders as YA said;

    "Those shares at that time were dumped by MEO's bigger shareholders, Xtract PLc (Cambrian O&G), Palmer's RDI & Bank of Ireland (BIAM ltd)"

    ...very succesfully as if they knew there were no gas. Which big shareholder would dump their shares before drilling when they have waited so long? And Why they would? What kind of investment that was!
 
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