MEO meo australia limited

the market vs hc-meomites, page-3

  1. 255 Posts.
    Hi bbeenn,

    To sum it up I think the market has fallen for MEO's management tricks a few times. The price was peaking in the 80's because the market thought that the farm in announcement was coming and investors were let down.

    Again in December we thought it would be announced, but still nothing.

    Due to the fact that investors thought this announcement would be announced a few times only to be disappointed we see the share price languishing at 45 cents and it will only move now until the facts are revealed.

    Everyone is frustrated, I go from being patient to thinking "what the f*** are they doing".

    Not sure how much we can expect the SP to go up post announcement. I don't understand how people can claim $2 without even seeing the details. While I would not object to a $2 SP I think back to our previous highs of 80/90's is realistic as that is around 100% increase.

    Time will tell and like everyone I am sick of waiting. It seems this process is going to continue into Feb. However the pot of gold at the end will be worth it or it better be!!!!!

 
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