What a year. One thing about Meo , it is never boring. Once again Meo has proved to be a trading stock with high hopes dashed by disasterous results. The volatility of Meo also attracts posters with no stock , but give their dire warnings prior to results , but especially after results. To have a balanced thread , these posters are required , but lets hope in 2013 , they are wrong when they venture forth. The first step in the long road back is - we will soon know the Top 20 Shareholders at 31/12/2012. The next steps we need to know are 1. the cash position. 2. any result of Farmouts . 3. the intentions of ENI. 4. how will future funds be provided. 5. will Meo survive without a takeover. It would be nice to receive a report as to why Gurame failed and why it was committed to, but after no report on Artemis , I do not expect one. The road becomes harder to travel. Lets hope 2013 is better. My thoughts only . Do your own thing.
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