Yes shows what bad timing it was - should have waited for further resource upgrades or news of Beehive JV and then done a CR that would have raised significantly more money and ensured that the SPP was executed.
All it did was send out a warning to the market that MEO Management are short of cash and have no faith in their own hype or understanding of the potential value of our assets.
CFO should resign he's hopeless.
Absolute shambles again.
MEO Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
