new top 20 , page-18

It's good that we are now on the same page IAM, the best thing BEL can do for MEO is sell their 5% and invest their ill-gottin gains into a vegetable patch. The reason I pulled you up is that your original post suggested that it was a good thing they were hanging on to 5%. These guys are bad news and I'm sure that JH as much as anyone else would prefer to see the back of them. The whole passive investment spin wreaks of prevarication. You have got to ask "does a passive investment need a vote?" HSBC and Credit Suisse certainly don't think so.

Here's another reason to be scared of their investment in MEO:

http://www.theaustralian.com.au/business/opinion/asic-should-probe-serious-breaches-of-section-606/story-e6frg9kx-1226094899954