MEO 0.00% 0.0¢ meo australia limited

If it goes bad...and i dont think it will, there would obviously...

  1. 412 Posts.
    If it goes bad...and i dont think it will, there would obviously be some dumping, but in my opinion this would be hasty. Sure there would be some initial sell off, but in my humble opinion it would not be for long and SP would rebound quickly due to smart buyers realising that MEO will be drilling with or without a partner in a few months, or as Ersoteric says others will swoop in to talk.

    The longer this goes on, the closer we are to drilling, no matter what, and i think this may support the SP somewhat after an initial reaction and sell off if announcement was bad.

    ....but as i said before i think the announcement will make us all hapy and we wont have to worry about such events, but it never hurts to think about all possible outcomes.

    Marvdog
 
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