OH Meomites! Am I hallucinating or has MEO still got oxygen? I...

OH Meomites!

Am I hallucinating or has MEO still got oxygen?

I read the quarterly which caused me much discombobulation

Commercialisation of tassie shoals
Early mover advantage in Cuba
Has company making potential
PUKA might produce again
How much oil does a PUKA pump?
Now a Giant Beehive as well
With a Breakwater
A Crux with an Auriga
A Heron
Some Tassie Shoals

And the blinder

"Continue screening of corporate options and asset opportunities that enhance MEO shareholder value"


I always wish the brave MEOmites the best as I was one also back in the halcyon days of 2006-7

I recently tasked myself with adding up the revenue but couldn't find any
Then adding up the shareholders equity which was a very large amount
Then looked at the market cap and wondered where all that money went

I admit to being tempted to buy a 100,000 share parcel as I have never owned that many before

That would cost me $1,000+brokerage

Should I take a punt?
Is there a chance that the CUBA Block 9 PSC will provide significant value upside, near term value creation, an exciting time, a rich petroleum system, prospective structural trends, and so on and on


Cheers