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+--- Thread: AFR article: "Oil Search for poison pill?" (/showthread.php?tid=9440)
AFR article: "Oil Search for poison pill?" - MRP - 12-08-2015
http://www.afr.com/business/energy/oil/oil-search-for-poison-pill-20151207-glhke0
Articles says IOC and OSH have held informal merger talks with Hession to take over for Botten as CEO once he retires.
RE: AFR article: "Oil Search for poison pill?" - Palm - 12-08-2015
Hope they do it. This was something I suggested 1 1/2 years ago.
RE: AFR article: "Oil Search for poison pill?" - Martinistocks - 12-08-2015
I can say wow and what the heck happens if this occurs to my little stake.
RE: AFR article: "Oil Search for poison pill?" - sageo - 12-08-2015
'Palm' pid='65148' datel Wrote:Hope they do it. This was something I suggested 1 1/2 years ago.
Palm- Good day. Wondering a bit more about such a move....if a merger were considered seriouusly,what would the outcome look like ? Would OSH put in five shares for every one share of IOC ? Would a new name be sought,or would one of the current names be used .Sorry I missed your original thinking on this possibility a year or so ago. Your thoughts if you don't mind sharing them . Thanks
RE: AFR article: "Oil Search for poison pill?" - Gator - 12-08-2015
Would OSH put in five shares for every one share of IOC?
I certainly hope not. OSH closed $7.52 AUD. 5 shares = $37.60 AUD but only $27.31 USD. I doubt anyone would be willing to take an additional 22% haircut on a deal.
RE: AFR article: "Oil Search for poison pill?" - jft310 - 12-08-2015
From the article
Oil Search is understood to have opened informal discussions that could result in its once unwelcoming joint venture partner being contentedly consumed as a poison pill ****should Woodside Petroleum return ***for a second bite at Papua New Guinea's liquid natural gas cherry.
Read more: http://www.afr.com/business/energy/oil/oil-search-for-poison-pill-20151207-glhke0#ixzz3tg9pziiq
Follow us: @FinancialReview
Woodside just withdrew its offer ! Interesting timing .
RE: AFR article: "Oil Search for poison pill?" - sageo - 12-08-2015
'Gator' pid='65160' datel Wrote:Would OSH put in five shares for every one share of IOC?
I certainly hope not. OSH closed $7.52 AUD. 5 shares = $37.60 AUD but only $27.31 USD. I doubt anyone would be willing to take an additional 22% haircut on a deal.
Thanks, Gator ! I can see now that while I was majoring in Geology, that math should have been my minor instead of Chemistry . Ho,ho. " border="0" class="smilie" src="http://shareholdersunite.com/mybb/images/smilies/wink.gif" /> Appreciate your shedding more light on the equation .
RE: AFR article: "Oil Search for poison pill?" - Putncalls - 12-08-2015
This one refer to "government sources" with respect to the talks.
http://timesoracle.com/2015/12/woodside-just-pulled-its-11-65-billion-bid-for-oil-search.html