Ann: Change in substantial holding, page-6

Oh it will be coming from them this morning that our large shareholders are caving in...
that they have it in the bag, we are so privileged that they are saving us, yarda yarda yarda........
2.2% Holding in MEO... It will work out well for them and they will most certainly sell down the stock to raise cash in my view.
The RTO is long dead, nothing more now than a cloak and daggers under the radar cash raise for their holders. Any notions of getting their mits on MEOs cash by June /July or anytime for that chance, are out there with aliens landing on their nodding donkey on their water well.
So much money spent this half year for them, which will be released in June.
6 months of operations, overheads, salaries , costs,
640k costs, fees , legal for failed MEO RTO.
The Director was interviewed a few days ago and the interview is readily available to listen to or watch, when asked about cash , he stumbled and then said we have 600 , 700 , 800k funds in the bank, his words not mine.
They just put nothing forward in anything they say that makes you feel warm and fuzzy about how their company is actually going to go forward and step up to a producing entity...its all bluster, spin, arrogance, hope, belief, fantasy, coupled to quite the most limited technical or commercial knowledge of the industry I have ever encountered.
Weak day today on ASX, everyone has been hit pretty hard today.