re: Ann: MEO: MEO receives final regulatory a... As this is the CUE forum who else would they be from?
Anyway, debating the CUE vs MEO accounts is pointless. CUE produces an income but MEO as yet does not. If you had actually read and understood the MEO statutory account you would know this.
For you to say that the MEO statutory account is pathetic and then go on to ask where is MEOs income only confirms your lack of research.
In any case, the MEO balance sheet is in great condition. No matter what YOU think of the MEO balance sheet, this is of benefit to CUE as CUE has 15% in both WA-360-P and WA-361-P. This allows MEO to continue the derisking process of WA-360-P and WA-361-P that was begun with Zeus.
Considering the above I am continually amused that a few CUE posters seem to want MEO to fail. Whilst MEO failure at WA-360-P may give some here great Schadenfreude, wouldn't the extra cash give you a better feeling.....maybe not!
Good luck with CUE
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