MEO 0.00% 0.0¢ meo australia limited

opportunity cost , page-5

  1. 2,755 Posts.
    I might rephrase the title of this thread to "cost of an opportunity" and in my opinion its 1 million USD for an extra 15% in WA-360-P the same paid to GasCorp for their slice of WA-361-P wonder if CUE or MOG would go for it?

    I now hold more shares in MEO than I did before spud and feel the market has already factored in 0 value for Artemis but hasnt factored in any possiblity that it may not be the end. Same as you Luke the cash backing makes me sleep at night and if Petrobras walk I cant see it going back to that with a possible farm out of Heron coming up.

    It will only take one good announcement to re rate the share price and that could be next week, next month who knows when? but this is close to the bottom if not it. Seriously whats the worst that can happen from here.

 
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