Now that MEO have 69 million reasons to smile - what will that equate as cash backing per share?
Hopefully, they won't sit on the cash pile for too long and look to some wisely invested new opportunities. Hopefully, the connection with PBR will result in more mutually beneficial outcomes in the future.
I have held the stock for a year and would like to find out the maximum cash in hand for MEO in the past.
MEO Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held