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Fairness Opinions Warnings
#1

The different versions BOD will try to hide behind fairness opinions . Total and Oil Search are thieves it's a great deal for them .

The investment banks will issue fairness opinions . Is it fair these same companies lied to millions of people about those housing bonds . They paid BILLIONs in fines for their lies .

The only way the banks gets paid is if the buyer closes the deal other wise zero . The investment banking biz is in the toilet .

They these banks  need fee income . The CEO gets double his pay with a deal before July 15 2016 . The involved parties including Morgan claimed we had a giant and thought GLJ was closer than others . Interoil gave us slides with 10-12 T scenarios . Interoil tells us 6 T at TBR . Interoil gives up its second resource payment . Interoil tells us 30 prospects .

But the BOD fails to get any value for many parts of our assets . The CEO rings his money machine . Selling assets on the bottom was rejected by Oil Search but why does Interoil months later not years think this is a better time to sell .

Better cut a new deal because shareholders will band together and reject this deal .

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#2
Palm was right about the skin.
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#3
Any Morgan Stanley fairness opinion at any price below $70 is nonsense . Understand the legal reason BOD vote yes is they get a fairness opinion . The Interoil fairness opinion was rendered by Morgan Stanley . Who can produce a Morgan piece of research that was not quite bullish . Why was their target price reduced from $70 to $50 ??only when they were offered a chance to get paid to write a fairness opinion . That fairness opinion is bunk . Their previous opinion was one heck of a lot more bullish . All one has to do is print out their last 10 research report and see the bullishness . So they were told they could get paid if they valued the deal cheap. Cheap defined from their own research reports ..Called total nonsense by any reasonable man ..More reasons to kill the deal can we not find an honest person somewhere ????
Can we get a better deal of course we can from these same players . Vote no.
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