petrobas frenzy

Why all the frenzy & wild speculation over a name? Nothing happened on Monday & nothing will happen until the terms of the agreement are announced. It doesn't matter if it is Petrobas or statoil or Woodside or Chevron or Inpex so long as it is one of these or another big time company, what maters is what is in the agreement between MEO & the chosen company. The terms of agreement are bound to be complex with many T's to be crossed & I's to be dotted, it all takes time. It is only when the terms of agreement are announced that you will see a positive move in the share price. These matter take time, be patient.