July 23 (Reuters) - MEO Australia Ltd MEO.AX :
* Says cost cutting initiatives continue, with a 60% reduction in overheads compared to FY 2014
* Consolidated cash balance at 30 June 2015 was A$5.8M, about $0.4M higher than forecast in the March quarterly release
* Source text for Eikon ID:nASX8w0Dzx
*