nastyG re "post in jest"
My post was serious , yes I saw you said you were "in"
BUT
If you never do any ongoing research, it is at least worth reading some of the many posts re MEO (MAY) , especially around 2012 ,on Hot Copper to get a feel for how company situations/prospects can change .
FOR EXAMPLE the following on 14/4/2012 by poster Corporate when the MEO share price was DOWN to ONLY 32.5 cents.
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The one big problem with trading MEO is that you might just miss the day they announce any of the following:
A major partner for Seruway - it could be anything. I'm looking for three wells, one in each of Gurame, Kuala Langsa and Ibu + development of Gurame..who knows.
ENI farming into WA 454 for 50% and two wells
Woodside hitting gas at Banambu (half in MEO's WA 361-P)
Woodside farming into WA 361-P
Announcement of equity partners for midstream TSMP #1
Blackwood prospectivity and volume upgrade (see ENI document posted earlier)
Blackwood drilling decision
Take over
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