You really need to use some of your super chook powers and do just a modicum of research prior to clucking and scratching inaccuracies.
Petrobras just cannot take over MOG without a long process by our FIRB. You may want to look over the FIRB guidelines.
Now if Petrobras wanted more exposure to Artemis in a hurry, like before the SP shoots north on a discovery, they are not going to bother with CUE or MOG.
BUT the Petrobras/MEO relationship has already passed FIRB scrutiny so it would be a relatively easy and quick process with certain FIRB blessing for Petrobras to increase their exposure via MEO.
MOG Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held