MEO 0.00% 0.0¢ meo australia limited

As far as I'm aware I was the only t20 to bail completely. I...

  1. 188 Posts.
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    As far as I'm aware I was the only t20 to bail completely. I agonised over the decision but made it for three reasons; I was outside my comfort zone; JH mentioned that it was "regretable" that there were so many fractures and lastly the failures were adding up. I posted my decision on HC on 6th December and got a blast from the good Dr as he thought I was a bit gutless. The only share holder who appeared to know a little more was blind monkey who bailed late in the Heron drill with the comment "he could be wrong" Am now solidly back in using the rational that B2 is a 8km step out and as such should have more COS. I have shares in co's like MEO (oxx) because the drill bit is one of the few honest brokers still around. Remember not all wells are dry.
 
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