Yep i totally agree check out both MEO and MOG share prices today and you will understand why BUY is down.
MEO originally had good news last week to do with that drilling, was up close to 20% in a day from memory, but today they announced that the well be abandoned.
I'm glad i dont hold MEO or MOG shares today, lets hope that BUY are more successful with their drilling.
But that's the reality, we all know the risks involved, and the share price factors in those risk (for those who keep asking why some stocks are so undervalued, well this is the reason, nothing is certain until its certain.)
Lets hope we get some good news on Thursday!
BUY Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
