UBS won't be doing anything for free. How much is this going to cost MEO? Only $11 million in the bank. If there's no outcome on TS then it's more money down the drain. The company needs to face the fact they're in a position of weakness in any negotiations. Cash is dwindling and the ability to keep sucking people in on CRs is disappearing.
MEO Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
