if JH really wanted to give the 'loyal' investors a chance to top up at 20 cents, he would've provided us with more information instead of us seconding guessing his intentions with the SPP.. Pretty poor form if you ask me.. At the end of the day, this is a massive gamble if you take the SPP.. This will either make MEO look really good or really bad depending on Heron results..
It's nothing but a cash grab aimed at investors wearing rose coloured glasses. I'm really hoping that I am wrong though as we are all in the SAME boat right now..
MEO Price at posting:
21.5¢ Sentiment: None Disclosure: Held