MEO 0.00% 0.0¢ meo australia limited

ho hum, page-63

  1. 9,664 Posts.
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    Have to disagree mate. I think CUE has enough other irons in the fire to hold it's sp at these levels. To be honest CUE should be the least affected in the ST up or down, it has less leverage to Artemis than MEO and MOG plus already has cash producing assets and other prospects with farm ins pending. If MEO go it alone both CUE and MOG will still retain their 15% and hence will both be trading higher pre spud regardless. Although the market has decided to not fully value CUE i think it will be enough for them to protect the ST sp in the event this deal doesn't go ahead. I don't hold CUE as i felt no point holding on in the hope that the market will someday appreciate it's assets, i saw better value in MEO and hence sometime back switched all my CUE holdings into MEO.
 
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