MEO 0.00% 0.0¢ meo australia limited

not often., page-6

  1. 558 Posts.
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    I too am a long time holder, got in at 60'sh cents and have been watching it go down ever since. I feel like a rabbit in front of car headlights I can see the lights/prize coming but cannot move to sell, when it fails. The company states it has excellent Geo's and it may, stuffed if I know, they obviously have built a good enough case to get a couple of JV partners to buy in and pay reasonable $$'s. But unfortunately not good enough to hit commercial grade oil or gas on the last few drills, so are they good or just unlucky. The Gurame decision was a high risk play that in hind sight should not have been taken alone, at least not at that time. I hear the optimism over the latest parcels they picked up and again I see the headlights/dazzling prize (the beehive full of sweet honey) coming toward me again, maybe I will just watch the pretty lights a little longer.
 
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