Lets just say to all you management bashers out there that you have no idea what sort of deal they are putting together.
Have you thought for one moment that maybe this JV partner is really as good as they say, or that the company may be putting together a deal that isnt just about the JV, maybe we will get some funds to push ahead other projects like Tassie Shoal!
Sell your shares if you dont like the way management acts afterall they have been doing a great job with the assets they have, if you are a trader or similar sell your shares and quit whining my god!
If you're a long term holder be patient wait another day or week or month and wait and assess the JV deal announced.. then make your judgements sigh this market sometimes just illustrates how stupid it really is
MEO Price at posting:
44.0¢ Sentiment: LT Buy Disclosure: Held