MEO meo australia limited

What a balls up with NTP68. MEO agreed to give away Blackwood...

  1. 2,041 Posts.
    What a balls up with NTP68. MEO agreed to give away Blackwood discovery to Eni in return for 100% of Heron, which MEO then decides to relinquish. The way this whole arrangement came together stinks. I'm not suggesting corruption, but together with the inconsistencies at Puka, really does not pass the pub test. Sounds like a whole lot of BS from PS and his predecessor.

    On the TS front, more BS. The holding costs to MEO may be "minimal", however, the holding cost of MEO shares for shareholders has been "devastating"!

    C'mon Peter, bust a move. Do something. Another review is not what we need. We need some action.
 
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