Only family members can be trusted to give u something for nothing....
This something for nothing will cost.........plenty....
Surely Meo has more than enough prospects and can not afford to commit to more spending.....it only has cash for admin expenses for around 12mths.....
The current enviroment for small caps...to get cash is difficult.....and a CR won't solve Meo money issues...
Sure it ...has a good chance to get a couple of Farm outs....but these are taking longer and are getting harder to finalise...
It current has no chance of funding ...the expected commitments it already has with the cash it has...and therefore should be saving some cash till things get better...
If it bleeds...then it can be. ......
MEO Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held