Having a look to see if any brokers were covering MEO and came across the following reports. Although there is a cost attached ranging from $25 to $138.It is good to see that there are three recent reports with the latest being 24/10/12. So this would have come out after the latest update. Should see further coverage by other brokers in coming weeks. The word is slowly getting out.
Market Depth in MEO is the best I have seen in recent weeks with over 6 million on the buy side and only 4.5 million on the sell. Would not be surprised to see this test 25c before any announcemnt regarding flow rates.
It is difficult to comprehend people selling at this point in time with results so close. Even if they are negative you have a get out of Jail free card with the next drill hot on the heels of Heron. However, with positive results anticipation of futher success will be quite high, this should see a good premium factored into the next lot of results.
