MEO 0.00% 0.0¢ meo australia limited

Jurgen must be popular with his mates.The first CR last year...

  1. 204 Posts.
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    Jurgen must be popular with his mates.

    The first CR last year around this time was at .45c (whilst the share price was approximately 60c) and promptly crashed within a few months to 30c.

    We all got a sense of deja vu when the share price hit 60c again with this new CR starting at 52c. It has now crashed to 43c within a few weeks.

    For the record, I've been a big critic of management for a long time. We did get Petrobras but the constant delays did nothing for management credibility.

    Why am I still holding?

    A perhaps futile hope that the engineers have more ability than management.

    Oh well, at least the wait will be over soon.
 
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