Well if a to of armetis would leave us with between 2.95-$4.00 I think most of us would be happy. Nice Xmas!
Then again mgt may have high hopes for armetis and be hoping for a hit - i.e a rise to around 3.50 (if they keep 20% and IF IF they hit gas) plus Tassie = should see the sp hit $5.00 minimum by mid 2010 if they were to hit gas.
Kar went much higher but kar had 60% control.
I will be happy either way - kepping 20% or a total to of the 70% of Armetis. Only risk here over the next 2 weeks imho is a junior being chosen. That is a small risk imho but nethertheless something people should consider when buying or holding.
MEO Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held