MEO 0.00% 0.0¢ meo australia limited

Agree that Gurame is absolutely the game changer - I'm very...

  1. 93 Posts.
    lightbulb Created with Sketch. 19
    Agree that Gurame is absolutely the game changer - I'm very nervous and very hopeful that it will come off for us all.

    What I'm nervous about is the cash position - I posted about a month ago my estimated cash position at the end of 2012 and I stand firm that this will be lucky to be greater than $10m - even with subsequent raisings. This equals a cash backing of less than 2c per share. If things don't go well at Gurame, expect things to turn ugly... This estimate is my own and I encourage people to run their own sums on the cash position at the end of the year.
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.