MEO 0.00% 0.0¢ meo australia limited

strong opening, page-64

  1. 521 Posts.
    Thanks PJ.

    As i said earlier - I'd be surprised/disappointed if the farmin docs are not executed by end next week. IMO - I suspect the unresolved issue is probably something to do with the way CUE likes to do business and is not of a monetary nature. It is also difficult to imagine that the PF could not make an investment case with 85% of voting rights/assets on side.

    Still only my opinion and I am very comfortable with it.
    Comfortable enough to continue adding to my already sizeable holding. Today's price action is ho hum and as I have said before - too many stale bulls/DTs - so i am not looking for the share price to rocket off to $1.00 let alone to 75c. That will come later - the drivers being excitment going into the drilling, progress made on TSMP/TSLNG/NTP68 and perhaps major offshore investors coming onto its share register.

    Cheers all, Gasbag
 
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