A. good post with info not provided previously. Given the above lack of success via Coe and others ..no well flowed. Did all previous operators drill in wrong locations..surely they have geologists as well. I have to wonder if meo have better geologist? Heron is into its third drill and still question on if it will flow. The sp is probably reflecting this concern, or perhaps some shareholders have sold some shares in an effort to be be fully covered. I am of the opinion that some shareholders bought early and have sold back to their original investment. And are now fully carried. If this is the case then the sp should start to recover. If not then this means that sp reflects a disbelief in what meo is saying. I will continue to hold and will increase my holdings if the sp starts to recover.
MEO Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
