MEO 0.00% 0.0¢ meo australia limited

book of 6 high leverage projects -12 months, page-5

  1. 3,845 Posts.
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    The issue I have with MEO at the moment is that they are great at talking up the prospects of the company when things are seen to be travelling well, but go into a complete fit of silence and non communication when things turn bad.

    A measure of good leadership in my book is how a company responds to things when things don't go to plan. Post Artemis and post Heron/Gurame have seen almost identical behaviour by management. They need to get back on the front foot and communicate their plans.

    There is also the issue of funding. They have been spending a lot (as is the nature of the beast) but they need to be re-filling the tank. I just can't see it happening without a cap raise.
 
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Currently unlisted public company.

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