08-08-2013, 04:07 AM
Palm - Is that a quote from the bylaws? If so, fine. I believe it to be correct that there is no "formal period" required by the SEC. It only exists as a policy of the corporation. Went through that ad nauseum on another BB a couple years back.
In any event I'd suggest the company has been in a quiet period for the month prior to and ever since the AGM. I'm not sure that if O'Neill hadn't spilled the beans we would even know that IOC was negotiating with XOM.
In any event I'd suggest the company has been in a quiet period for the month prior to and ever since the AGM. I'm not sure that if O'Neill hadn't spilled the beans we would even know that IOC was negotiating with XOM.