I may any price below $1 is a good price on my order book....only if Meo hits gas in my view you will be hedged by Petrobras development activities.
Before we can come to that - just stay focus on Artemis - the greatest fears for most is still Meo's other assets - if those assets are good, yep you can find good support base. Anyone knows the better the assets the higher the support, Meo has 70 Mil cash , that's a comfort 15c support base.
20 c ? 25c ? Please don't start on Tassie Shoals again.
MEO Price at posting:
50.0¢ Sentiment: None Disclosure: Not Held