Let's save the negativity until we know the full details of the CR. The CR will be the key. How positive would it be if it was ENI or a Chinese cornerstone Methanol player? Conversely, very disappointing if it is some two-bit enterprise. Management know that they are fast running out of credibility with shareholders so a strategically positive news announcement as per above would buy them some credibility and time (extended employment). Time for the management team to stand up and prove their worth.
MEO Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held