Not sure the mkt has priced in the farminee at all - we are still unsure who it is given it has not been confirmed. The price may well move northwards if it is one of the more favoured international partners such as Petrobas. Lots of people selling and buying but no real consensus re share price movement - indicates degree of uncertainty for some, disappointment for others etc. real money is made by those that hold and sell at the right price - 48c is not the right price to be selling, for me at least.
MEO Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
