With all this speculation on who the partner may be with MEO I looked at Petrobras' Business Plan through its web site. Whilst no direct mention is made of Australia in the detail, on slide 11 which highlights expansion plans there is a Petrobras logo hovering over Africa, and...Australia, in the background graphic of the slide. Wonder if that was an accident.... I will probably be moderated now for starting a thread that draws attention to a slide that looks like it was coloured in by a child (you'll see what I mean when you see it)...but......hmmmm?
MEO Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held