MEO 0.00% 0.0¢ meo australia limited

Ann: Seismic Program Update , page-18

  1. 429 Posts.
    Prosper,

    This is a positive, this is the nature of the o/g game..
    Previous MEO investors would be spooked by those massive drops from A1. I know i would be.

    But after all the bad luck, at some point they *could* find resources from a risky drill.

    The boys club at all companies always win, but s/h can also win if the management are successful in their objectives.

    Hey have pulled in some big cash from A1.. isn't it strange that back around that drill the market was a buzz and a lot more positive, probably from all that stimuli hanging around.

    Anyway we will see, I'll ever loose some of what I've gained or gain more.

    The ASX hasn't done any long term holders any favors for years now, except for good dividends on some of them, plus the traders and short sellers. its a sellers market these days.

    If nothing becomes of the first project i would anticipate MEO to go back to sub 20, sub 10 even with these conditions present.
 
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