MEO 0.00% 0.0¢ meo australia limited

artemis boundary, page-24

  1. 5,657 Posts.
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    Hey Guys.
    The CUEites get abit up set when we point out the china connection and ask us to back it up, which is far enough.

    So I thought I'd have a look at the no. 2 biggest share holder in CUE.
    On the March presentation in the top 20 share holders, at no. 2 is UOB Kay Hiam private ltd. @16.7%
    Next two that it has the top two sharesholder.
    No. 2 is Singapore petroleum @ 16.7%

    These two must be the same thing or though I can not find the link on their web sites.

    I can understand Petrochina's interest in singapore petroleum.
    But Kay haim is a broker/investment house.

    Kay haim/ singapore petro/Petrochina became a substantial holder on of CUE on the 24 July.

    On the 21 July Meo exended the data room date.

    My questions are.

    What is the connection between Kay haim and singapore petro.
    From what I can tell they are subsidiaries of Petrochina. Is that right?

    Why petrochina's interest in owning a brokerage house.

    Even though Cue is a good company, why would petrochina want a piece of a small cap company when they have bigger fish to fry. (They always have a reason).

    Is the timing of Petrochina's 16.7% in CUE on the 24 july just a coincidence that it was the same time as the data room was open.

    Now I just have more questions, but on the surface of it, does look like a play for the gas.



 
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