Thanks Ftb and thanks to everyone for the multi-thumbs. Got a shock this morning to see it at 140+..Crikey!!
When I saw the headings "Don't lynch Mrmoshe" I thought the PBR ASIC application must have been shot down by someone..All good though after reading the thread.
Was it you Fromthebay who first suggested Petrobras? If so..big cudos to you for blazing the trail. I tried to wade back thru old posts last night to see who first came up with PBR, but fell asleep at the wheel.
I'm still 50/50 on whether there will be a TH Monday before the open. I suppose on one side, one could argue that having PBR's ASIC rego. application out in the open, it's now an uninformed market and a TH should happen.
On the other hand..knowing the farminee's name in itself doesn't mean very much as it's the detail of the deal that is the big secret.
Will it take off if no TH? Who knows... After the DOW's shocker last night, it may just even out.
I know one thing..I slept a lot sounder last night for the first time in a while, knowing we now have PBR's official presence in Australia pretty much confirmed.
MEO Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held