pencilin, what are you talking about? What has failed for two years straight? Perhaps you don't know enough about this company to be investing in it?
In my opinion, MEO will hit $3 when they drill atermis and hit gas, or do a deal on tassie shoal. When that is, who knows. Perhaps $1.20-1.50 on farm out if the deal is right. However, to suggest that farm-ins have failed for two years is just wrong and to then suggest that this is all based on hype is just ridiculous.
What I find even more amusing is your sentiment is ST buy and you actually hold stock. You could probably hit the wrong button and make a mistake on one (disclosure or sentiment), but both? So your holding a stock that you believe is only based on hype - solid investment strategy!
MEO Price at posting:
63.0¢ Sentiment: LT Buy Disclosure: Held
