Hi Meomites,Keep in mind that if GFC II does come MEO has a...

Hi Meomites,
Keep in mind that if GFC II does come MEO has a brilliant balance sheet as far as speccies are concerned. They now have enough cash in the bank to give them room to breath and time to consider options and change strategy if need be...
So whilst other smaller speccies will plummet along with some of the bigger boys with heavy liabilities, Meo should weather the storm better and possibly even surprise.
Although the losses look miserable on the screen at this point in time... I'm happy to hold and see what unfolds in Q1/Q2 next year.

Merry Xmas to all and I wish you all better luck with MEO in 2011