Shrewd,
Compared to what's happening at MMR today and BUY, the MEO stock is looking like a bargain at todays price.
Agree with Stocktoe and yourself re Oilers in general. The global energy sector will shift away from oil and the dependency by Western nations on it as fast as they can.The upside to the shift will be reduction in carbon output and of course the world is gearing towards a more "Green" future without being held to ransom by the current OPEC setup.
Australia will become the Energy and resources powerhouse over the next 20 years.The customers will line up to deal with us because of the STABLE political environment and the RELIABILTY of supply.
Probably why Shell got out of Nigeria recently.. to pump more resourcess (money) into Australia.
Cheers ,
HR
as always: Caveat Emptor and DYOR.
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