Every Potential Molecule of Gas

[jft310]

Their defensive strategy is to get another Super Major involved in their assets and possibly get synergies with a third Super Major .
Each new player at the Super Major level makes a takeover harder.
Remember they added 2 new Board members experts in M and A and this is part of their solution.
Poison Pill still available and then he used the White Knight words.
Pay packages switched to more stock and less cash . Means they want to survive if possible . Performance measured over 2 years to get stock .