I read MEO's announcement a day of two ago that a major investor was bailing out. A big sale day. Shares going down. It was an observation. It happened. People who bought at 25-26 are facing losses. Hopefully the SP can recover.
I don't know anything about the company selling (or claim to know) - obviously you do.
My observations are not rocket science. It's simple stuff. Anyone could do it. My observations are backed up by the cash position of the company, well costs and Admin expenses. If you want to argue about my methodology or sums then do it.
Also this is not going back into the past but into the future.
All I am saying is that there will be consequences for the position MEO has taken on Gurame.
I think you made my case with the invective expressed in you attack in reply to my post, suggesting that I was a "...frustrated boarding school master?" I was also called a "clown" in a previous post (I hasten to add, not yours).
MEO Price at posting:
21.0¢ Sentiment: None Disclosure: Held
