MEO 0.00% 0.0¢ meo australia limited

one big announcement guaranteed next week..., page-18

  1. 2,041 Posts.
    cheers Jazzasax, it was getting lonely at the bar!

    MEO is obviously very much out of favour due to a range of reasons. Fair or not, doesn't matter, what does matter is the outlook.

    strong results confirming the commercial potential of Heron, followed by firm commitments by eni to drill two more wells is the kick along the market need. Unless the market tanks by Christmas, if the above unfolds, we are in line for a safe 50c.

 
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