Not anymore blurrt. Think it's something like a third in terms of capital stock. Tho:
"Shares of Petrobras, Brazils largest corporation, trade on the Sao Paulo, New York, Madrid and Buenos Aires stock exchanges, but the Brazilian government retains control through a golden share."
Sounds a bit Willy Wonka-esque :). Think they might have a golden ticket in MEO soon but who knows.
Bottom line: Petrobras refers to itself as independent but government certainly has an influence (but not in day-to-day running of the business). Anyway, just semantics and all we want for Australia Day is news. Repsol or Petro are both fine with me - think it's probably one of those two...
MEO Price at posting:
45.5¢ Sentiment: LT Buy Disclosure: Held