Dont want to be the scrooge that killed christmas but please, all holders out there only bet what you can afford! This can be a cruel game! I (along with my best mate who is the head geo at the biggest seismic company in the world) had everything in MEO. Same story as NEN. Partner with ENI wire line logging the herron well, strong Gas shows and so on and so on. Until they announced it didnt flow right. Caboooom 30c to 6c in a day. my mate mortgaged his house in it i leveraged everything into meo including my toilet. I know have to do doo doos at the shopping centre. What I could salvage from that black dark day which was the herron anouncement i put into nen so yes im a holder. I just want anyone here to know that please dont put a deposit on that ferrari just yet and only bet what your prepared to lose. O&G is a cruel cruel game.
Merry christmas though and heres hoping!!
NEN Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held