MEO 0.00% 0.0¢ meo australia limited

done over again 52 cents, page-17

  1. 1,947 Posts.
    I too am extremely disappointed with this decision Management have taken....unless they communicate to us WHY!

    In terms of the "dumping" that is anticipated, is that for certain. At the end of the day the fundamentals havent changed in terms of where MEO is at right now, and every day the share price fluctuates on profit selling.

    Yes this maybe at a level that isnt great but we only a few days ago MEO peaked at 61.5 and went back down to 54, before getting back to its current level of 59.

    I hold as I have NO doubt that MEO and Petrobas know ALOT more about this drill and time will only tell.
 
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