Ronstieb, You may be right or you may be wrong about the share price being lower in the next few months. However the important fact is that the money has been and continues to be spent on various prospects that could attract major parties. This is Meo's business. 1/ employ the best possible technical staff. 2/. identify targets. 3/ attract major partners. We know that ENI have been attracted to Heron. Upon drilling success , the cash coffers of Meo will be more than refilled. Personally I am very comfortable waiting outcomes , knowing that Meo have more than enough cash for the foreseeable future. It is interesting to note that the share buyback has now lapsed. My thoughts only. Do your own thing.
MEO Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
