MEO 0.00% 0.0¢ meo australia limited

spp, page-27

  1. 988 Posts.
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    If the SP keeps falling and without a positive result before the 12 October from Heron why would anyone purchase more shares at 20 cents?

    Ok those who sold this morning at 23 or 24 cents might recoup what they sold but dilution and a wing and a prayer aren't going to entice many suckers.

    As someone mentioned this is becoming a predictable strategy to try to raise cash.

    Does anyone believe conclusive results from current drilling will be available before 12 October? I don't.

 
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