I totally agree with your post. I am sorry to repeat your comments but I can't help highlighting it again.
PBR is committed to pay US$250 million dollars for 50% of Artemis. MEO still has 20% of Artemis = US $100 million.
MEO's cash on hand will be $0.18 / share MEO's 20% assets at Artemis will be $0.21 / share
Please add those two together (forget all other assets even though all other assets are as valuable as Artemis)
So, share price should be minimum of $0.39 after FIRB approval. I think the current stock price is screaming at you saying " 30% Discount Today" Do we need to say Stocktake sale is on now......
DYOR...
MEO Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held