Has been a mess well before now.
Why did Nick Heath leave? That was the beginning of the end.
The rats have been jumping overboard since.
When the last Quarterly indicated that MEO was to have cash of around $6million in the bank at the end of this quarter, AND they were still insisting on chasing tar in Cuba, that made my mind up .
MEO was not for me any longer. NOW the Blackwood caper, I feel for the stayers in MEO. Good luck.
Cheers IFINO
MEO Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held