Peter Milard's reply CATEGORICALLY states that "......But it is...

Peter Milard's reply CATEGORICALLY states that "......But it is not always smart to apply such strict logic to a state-owned oil company in a country where they like everything to be the biggest ever"....STATE-OWNED OIL COMPANY......
Now, Would not that Unequivical Characterisation by someone in the know (like The Bloomberg Guy), of Petrobras as a "State Owned Company", EXCLUDE it from any further Consideration as MEO's "Farminee"????

For months now, we have spent hours upon hours discussing Petrobras merrits...And now??????


Cheers:))