MEO 0.00% 0.0¢ meo australia limited

just called meo, page-33

  1. iam
    1,149 Posts.
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    Hi strazza

    I understand where you are coming from and I am glad you exercised your right to email MEO, if nothing else just 'to get it off your chest' as it were. Unfortunately all companies linked to this process are bound by the confidentiality agreement and are gagged. You probably won't get any information, apart from the standard empty reply which is all they can give really.

    I think most MEOmites share your frustration. Whether it is with CUE, MEO or the PF, the simple fact is, the situation is impacting many lives.

    I feel MEO management would also share your frustration as they are bound to know how this must be making them look in the business world and would certainly know how their company owners are feeling from the amount of correspondence they'll be getting.

    But, while there is a glimmer of hope, they must feel it is worth the extra effort to keep the talks alive on what must be a very good deal.

    Whilst we watch people trading and making money on the market, even with MEO, it doesn't help with the lack of news.

    It doesn't help either when the SP is purposefully, for whatever reason, kept in a downtrend. This has been going on since October. Like I have said before, manipulators only look at margins and percentages, not the value/fundamentals of a company.

    Unfortunately they only care about skimming the dollars and don't worry about the previous SHs and their families because they are faceless. That's why trading is so cut throat, but, of course, you know this.

    Hopefully MEO can sort this out sooner, rather than later, and well before the beginning of May.

    In the meantime perhaps MEO may have some other announcements that may improve their SP (i.e. NT/P68, TS) but I think the key to moving forward is the Artemis deal.

    If not we will have to wait for plan B, or a successful drilling in A#1 (which may be too late for some).

    Let's see what the Q3 report brings.

    Good luck strazza.

    #:>))

    PS: Formatting posts is a pain. The problem is that the .txt format that HC uses doesn't recognise codes created in .rtf format (like MS Word). There are two ways to remedy this.

    Use the preview and edit any cross format errors or if you create a document using a word processor save the document in .txt format before you start and the codes should copy over ok.
 
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