T20 are averaging down, which suggests that small investors do likewise. I find it an almost impossible task to commit one more penny to this mob, having averaged down at much higher levels in the past. The Indonesian assets are leaving holders wondering if the MEO board, should be looking to get into one of those orange rescue craft themselves. Half year report was a total yawn fest, seemed like an exercise in economizing keystrokes. Hopefully they can be equally frugal with their remaining funds. It looks like most small retail holders have either sold for a tax loss or are holding/waiting/hoping.
MEO Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
