Sounds great to me. Interestingly the announcement wasnt marked price sensitive. At least I dont have to go to bed tonight wondering how its going. I am still really gobsmacked that Santos sold down their holding in MEO. If this becomes the commercial resource it appears to be I will be asking Santos why ( I hold Santos ). There again they were probably trying to undermine the price for a hostile takeover. Also notice Santos have been downgrading the Cooper Basin ...........probably trying to do the same thing to Beach Petroleum.
MEO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held