Kenjul
YES - strange at that may now seem !
see below extract from 7 April 2014 ASX announcement - you will find more references in announcements around this time - MEO was paying money to buy an income-producung asset, to sustain itself.
Lousy strategy for shareholders at the time, and has proved to be worse than expected.
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- Ann: Two Non-Executive Directors Appointed to MEO Board
Ann: Two Non-Executive Directors Appointed to MEO Board, page-13
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