I know this is nothing big but I decided to email Jurgen re the annoucement. Below is what I emailed and the response received. Should I call and what to say or ask?
Dear Jürgen,
As you would have noticed the announcement on Friday re the delay in the farmout has caused a lot of concern among investors and hence has led to a massive sell down in MEO. As a concerned shareholder myself I was wondering if some further clarification could be provided.
I was wondering if another announcement is to be made to the market providing greater clarity on the original announcement.
• What has caused this delay when only just over a week ago a very bold statement was made by yourself saying all is on track? • Are there still interested parties in negotiations or have these broken down?
Your response would be highly appreciated.
RESPONSE:
Prat,
You are welcome to ring the office to discuss.
Jürgen
MEO Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held