Not so sure its mismanagement as opposed to the general running of getting a deal together. With the US counterpart rising 44%(MEOAY) on Friday whilst we were in TH, how many of us were thinking on the weekend..'well thats the last time we'll see .47cps' I was expecting an opening of around .65 and then for it to go northward from there. The Fundamentals havnt changed apart from the fact the we now know that we have a JV partner. So to me its just an unbeleivable opportuntiy to get in and take advantage of it.
MEO Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held
