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"Low" Takeover Bid Coming? Would not be in the best interest of shareholders - Printable Version

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RE: "Low" Takeover Bid Coming? Would not be in the best interest of shareholders - Petrovale - 08-05-2014

If Management and BOD recommend a low price, they must agree to leave the board on any higher price!


RE: "Low" Takeover Bid Coming? Would not be in the best interest of shareholders - Gator - 08-06-2014

Let an offer come in before we dismiss it. Shareholders, wall street, management and other oil companies can decide if it is a "low ball" offer after it is presented, not before. Drill baby, drill.




RE: "Low" Takeover Bid Coming? Would not be in the best interest of shareholders - cybersssss - 08-06-2014

I say let's hear an offer. Enough conjecture. I don't worry about them selling at 90. Get me an offer firsT...


RE: "Low" Takeover Bid Coming? Would not be in the best interest of shareholders - TomCrooz - 08-07-2014

I would love to see an offer at $85. That is where the stock would rise to immediately. If the street felt that the price was too low and that there would be multiple SM ready to start a bidding war, then the price would rise above $85. I personally do not think we see any type of offers until the picture gets clearer.