MEO 0.00% 0.0¢ meo australia limited

Ann: WA-360-P Farm-in Progress Report , page-11

  1. 1,798 Posts.
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    Yes it could be larger... only our ex broker CEO is playing his cards very close to his chest. BUT, I figure this is too drawn out and I figure the deal isn't great.

    WPL would have offered buyers and good infrastructure.
    Chevron the same.

    Some new player has infrastructure issues and potentially would have to be a consumer to be interested.

    With no decision being made by their board till later in December puts MEO in a weakened bargaining seat due to commitments required for Artemis.

    It still could be great, but it's not simple or clearly good.
 
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