my meo strategy, page-4

Hi MMBS,
Well done on being in positive territory !
I'm a one stock investor and have all my 'eggs' in the MEO basket. I bought the bulk in the 60c range Sept last year and then topped up in small batches frequently during the slide all the way down to around 30c.
In hindsight, this was hardly a wise strategy as now I need the SP to reach 50.5c just to break even. Sigh.
I guess your strategy will depend on the goal you set yourself when you started trading.
My original strategy was to buy in to MEO at least 12 months prior to Artemis drilling so any capital gains would be lower having held a majority of the shares for 1 year.
Like everyone else I'm hoping to see today's gains continue for the coming months until spud. Then i'll make a decision on whether to sell out the week prior to the Artemis well reaching total depth.

MamaHuhu