MEO meo australia limited

ann not negative , page-4

  1. 14,167 Posts.
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    Auto/Moon,

    With you guys. I bought in today at 83 and 80.

    Had seen the story as interesting and credible for a couple of years, but missed the take off last year, only getting a micro parcel from the SPP etc around $1. The bluesky component just became too expensive for me.

    At 80 cents the risk today sure isn't twice what it was at 160 recently. Compared with KAR which has a larger mc, but lesser stake in undrilled prospects, I see MEO attractive valuewise.

    Anyway my two pennies worth, and I have only taken a insubstantial speculative portfolio position - not going to bet the house on it.

    EL
 
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