MEO 0.00% 0.0¢ meo australia limited

done over again 52 cents, page-54

  1. 374 Posts.
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    Begrudgingly I have to say this is a very sensible deal.

    They have to consider all outcomes and some of them are not as positive so this will protect SP to some extent if a duster but also importantly the cash position.

    3 Weeks ago I was happy with 52 cents so really shouldn't be too upset. The upside is still very significant.

    I share others frustration the big boys get in cheap and right at the action end when us longer term holders have gone through all the angst to get to here. Alls fair in love and war as they say.

    I'm not selling so in some respects they have given me some further comfort that I probably should be appreciative of.

    To say we could have been $2 and we're only a $1.70 when we hit gas because of the dilution, I reckon I'll get over it.
 
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