InterOil-Exxon precedent delivers a wake-up call on fairness opinions

[AU74]

Another article on the legal precedent angles:

http://www.theglobeandmail.com/report-on...e33071936/

[jft310]

Who thinks MH and Morgan had conflicts of interest?????????

[admin]

Thanks for that AU74. Interesting stuff.

[sageo]

Another article on the legal precedent angles:

http://www.theglobeandmail.com/report-on...e33071936/

AU74 - My humble thanks to you for posting that article . I am still bewildered by the number of shareholders who voted 'yes' on the buy out .

I recall,many years ago, Peter Lyncnch's advice to "buy stocks in companies that you understood " . I am astonished at how many funds (and others) bought IOC stock without understanding just how great the potential was for Phil's find in E/A reservoir ( and prl 15) .....plus TBR !!!

Thank the "Almighty" that the Appeals Court did their job in seeing thru the farce of MS and our greedy ceo mh & bods..Maybe now we have some chance of fairness .

Appreciate all your help over the years .

[sageo]

Another article on the legal precedent angles:

http://www.theglobeandmail.com/report-on...e33071936/

AU74 - My humble thanks to you for posting that article . I am still bewildered by the number of shareholders who voted 'yes' on the buy out .

I recall,many years ago, Peter Lyncnch's advice to "buy stocks in companies that you understood " . I am astonished at how many funds (and others) bought IOC stock without understanding just how great the potential was for Phil's find in E/A reservoir ( and prl 15) .....plus TBR !!!

Thank the "Almighty" that the Appeals Court did their job in seeing thru the farce of MS and our greedy ceo mh & bods..Maybe now we have some chance of fairness .

Appreciate all your help over the years .

Sorry for my(old) fingers hitting too many keys at once ....correction ...it's Peter Lynch .

[ArtM72]

So here is a link to the Code of Ethics applicable to MH and his people. Does Hession skate?

http://www.interoil.com/iocfiles/documents/corporateinformation/corporategovernance/2007-09-10%20Code%20of%20Ethics%20for%20CEO%20&%20Senior%20Financial%20Officers%20FINAL.pdf

[Putncalls]

I emailed him.

"Hello, Michael,

It sure would be nice if you could atone  for you mistakes quickly. Time is money. Your not the only Narcissist in this world. Would you please provide IOC shareholders with the information they deserve.

Thank you"