The securities of MEO Australia Limited (the Company) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 22 December 2009 or when the announcement is released to the market.
Dear Dean MEO Australia Limited Announcement - Request for trading halt MEO Australia Limited (ASX: MEO) requests a trading halt of its shares of up to 2 days effective immediately pending an announcement regarding a farm-in transaction in relation to MEOs 70% interest in WA-360-P. For the purposes of ASX Listing Rule 17.1, MEO provides the following information: (a) the trading halt is necessary as otherwise trading in MEO shares may take place in an uninformed market; (b) MEO requests that the trading halt remain in place until it is in a position to make an announcement to the market regarding the details of the farm-intransaction. MEO anticipates that an announcement will be made prior to the commencement of normal trading on 22 December 2009 and the trading halt will cease at that time; and (c) MEO is not aware of any reason why the trading halt should not be granted. Yours sincerely Colin Naylor
MOG Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held