My broker called me when the annoucement went out - he stated that there had been a leak - hence the selloff.
I feel althugh the mgt team look high level, it just goes to show thing are not always what they spin. I feel the CEO should be fined for misleading comments - for if the timeline was tight he would have known that before today.
I got out with a profit - but some may not have!
Will be abck in - but more careful of this mgt team - the old MEO traits/poor corporate culture seems to be sneaking back in.
MEO Price at posting:
65.0¢ Sentiment: Sell Disclosure: Held