09-08-2015, 11:18 AM
'Optionray' pid='62517' datel Wrote:
'johnwgrant' pid='62515' datel Wrote:http://www.bloomberg.com/news/articles/2...oil-search
WOW - it wasn't just smoke and rumors !!!
Scary the bid is so low!
Maybe the bidding is just getting going ....
http://www.fool.com.au/2015/09/08/woodsi...lnk3030003
"Oil Search then added shareholders are entitled to an offer that adequately reflects this potential value and I expect Woodside will have a tough task persuading the Oil Search board and shareholders to accept the offer.
More likely is that Woodside will be forced to come back with an improved offer perhaps including a cash component."