IOC's sucky Data Room

[sageo]

IOC's 'inadequate data room' has been used by short's as evidence that bidders lacked full information and IOC was inflating their resource #s.

Ever stop to think that IOC was less than forthcoming in it's data room simply for self preservation?

Could be bidders were shown enough to bid but not enough to be enticed to buy-out IOC.

What if that was part of the industry rub against Phil.

Sucky data room by design.

Tree - Like your thought process ! Very plausible !!