MEO 0.00% 0.0¢ meo australia limited

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

  1. 2,906 Posts.
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    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
 
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Currently unlisted public company.

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