WHEN I SAID 75% IT IS 55% GOVERNMENT + 20 OTHER BRAZILIAN ORGANIZATIONS.
Total 75%. 25% trades on stock exchanges. With no equity issuance in the future, any big fund can send this stock to $30-$50.
why nobody questioning netflix or amazon, trading at p/e 500, stocks like feye, wday losing 2 dollars for every 1 dollar earned. They are growing, that's why. Nobody mentioning that petrobras growing big time. When petrobras will turn around and trade at $30, all you will hear g r o w t h, growth, growth story in the making. Most of you will sell way before that, on a first reversal, at $14-$16. This stock will be worth more in 5 years, then xom today $400 billion. By that time xom will be $700 billion