MEO 0.00% 0.0¢ meo australia limited

ADL, Desperate times indeed. Telling that you are seemingly now...

  1. 198 Posts.
    ADL,
    Desperate times indeed. Telling that you are seemingly now talking that MEO's days are numbers as you flew the flag for MEO for so long.
    New MD is a good move ( not before time) and he has made some obviously needed cost cutting decisions and seems to be a straight shooter clearing the decks that for too long were talked up by previous management. He talks of positioning the company to survive and thrive - obviously long suffering shareholders are desperate to hear his actual strategy (which would seemingly involve a merger of some type - certainly not MOG!!). Telling now that the company share price is trading well below it's implied carried forwar tax losses - clearly no producing majors are interested in our prospects/supposed assets.
    Keen to get some strategic direction from management. Possibly Even more fat to trim??
 
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Currently unlisted public company.

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