MEO 0.00% 0.0¢ meo australia limited

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  1. 1,573 Posts.
    Epaka, I don't agree that the fundamentals have improved more than the SP in the last week.

    Last week, there was expectation with a little uncertainty of a great deal to come.

    Now there is a deal, however it is not as great as they could have done. The company sold itself out and there is a chance that they will lose 50% out of 70% of the project if the first hole is unsuccessful. I'm disappointed in the deal. Watch the SP plummet if the first hole is unsuccessful, far more than the other partners will fall
 
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