MEO 0.00% 0.0¢ meo australia limited

credit suisse on board now, page-32

  1. Ya
    6,809 Posts.
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    Interesting volume of 35.556 mil shares going thro' yesterday & Credit Suisse grabbing 27.663 mil (5.21%).

    Couldn't b a banker taking a punt chaps, should have more to it.

    My take on this 'development':

    - MEO could b close to announcing a farmout for Heron or
    - CS r simply rolling the dice for a quick punt or
    - CS could b buying on behalf of someone

    Something just doesnot add upto the volume surge, esp. with no other events/results due !!

    Sounds like the AFR journo's missed this story, were early to spot FPSO for NXS & rubbish Conoco's drilling delay.
 
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