One thing we need to remember is that, at today's sp, the enterprise value of MEO is only $115m.
There is no doubt in my mind that JH could send a RFP to CVX or WPL and walk away with a $200m cheque by the end of next week.
The market is acting as MEO is in the corner, but with 70%, MEO is going to let this rip.
Add to My Watchlist
What is My Watchlist?