hi asxbull - JH is from a corp fi background & is a master at all things t/o, m&a, equity raising, jv, farmin etc as well all know - meo would have in all their farmout(in) agreements preventative takeover clauses for the particular party (& associated interests)- wouldn't stop PE & can pretty easily be circumvented - weight of cash also works - we can only wish - would take the dilemma out of trying to value - not selling for anything less than a $1 - $2 if woodside/cue strike joy and/or TS is announced prior to H3 drill - fly my little pretty
MEO Price at posting:
33.5¢ Sentiment: None Disclosure: Held