MEO 0.00% 0.0¢ meo australia limited

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  1. 251 Posts.
    Mick - if you take a closer look at Meo, it has been trading at +250m m/cap quite a while. We know that?s pretty expensive based on a risk and a small chance that Artemis will be a success. Not that i want to re-mention here but Meo in the real world do not have any attractive assets to based this m/cap. Based on that, I reckon what the market doing now is just adjusting accordingly to this matrix. People should also know if they get in now - the most they likely to give away is 30c as Meo cash based equity is at 15c.

    A high reward play in my book.
 
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Currently unlisted public company.

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