calculate, page-33

Why would a major takeover MEO?

To add more risk to Artemis?
50% isn't enough?
They wish to pay a premium for the remaining 50%?

The majors are desperately looking for a large capex program like Tassie Shoals?

or

perhaps because no-one has heard of MEO - the majors think they can pick it up before the market notices its potential.


If you are going to push t/o theories - at least answer some of the obvious questions.

I think the most you can expect with the upcoming JV is a capital raising - potentially more than 15%.

CUE is out as well imo.

MOG might be a target - this would explain the quick backdoor float. (That or financing) But it is still a long shot.