MEO meo australia limited
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Trading at post Merger cash backing

  1. IFINO
    784 Posts.
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    13/11/14
    10:54
    Post #: 14282423
    Currently the combined capitalisation is valuing the merged assets on the cash backing of the combined companies.
    AND allowing a fair margin for Merger expenses .
    Unbelievable that the assets of MEO are not worth a zac or a razoo.
    I would guess the only way now is up, up, and away as the news flow increases.
    ( I find it interesting that the MEO share price started to descend to where it is, on no "news" in the past weeks.
    One could conclude that the ship was leaky as the first discussions of a merger. My observation only and I am not any sort of an expert)
    Cheers IFINO
    MEO Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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