MEO 0.00% 0.0¢ meo australia limited

meo in trading halt!!, page-2

  1. 1,071 Posts.
    Hmmm... looks suspicious, me thinks perhaps deal has fallen through, MEO had enough of all the delays. I hope I am so off the mark= and that all is sweet.


    MEO Australia Limited Announcement
    Request for trading halt
    MEO Australia Limited (ASX: MEO) requests a trading halt of its shares of up to 2 days effective immediately pending an announcement regarding the outcome of the WA-360-P farm-out process.

    For the purposes of ASX Listing Rule 17.1, MEO provides the following information:
    a) the trading halt is necessary as otherwise trading in MEO shares may take place in an uninformed market;

    b) MEO requests that the trading halt remain in place until it is in a position to make an announcement to the market regarding the outcome of the WA-360-P farm-out. MEO anticipates that an announcement will be made prior to the
    commencement of normal trading on 17 March 2010 and the trading halt will cease at that time; and

    c) MEO is not aware of any reason why the trading halt should not be granted.
 
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