05-23-2016, 03:02 AM
Kommon,
I do not believe there is anything at all to fear by voting down this terrible deal for Interoil shareholders. In my view we are better off riding the recovery as Interoil shareholders then oil search shareholders.
You seem to think that we are in a position of weakness. Quite the opposite, we are in a position of strength. They want us, we don't want them.
Possibilities
1) they make a better and more acceptable offer before the vote when they realize the resistance out there.
2) we vote no and we fire our destructive CEO that has torn down this company and wasted capital to no avail. Ioc can ride out the total contract easily with barebones staff. There is no need for a big board. Basically a holding company. I rather do this then take a bad deal. Hession goes bye bye and doesn't get his cake and eat it too. He gets money and no board seat and no entrance into oil search if he doesn't deliver ioc to them on a plate. Like he is trying to do.
There are many ways this can play out. All good in my opinion as we know the most basic value now that oil search showed us.
3) another bidder comes in.
Anyway you look at it DONT BE AFRAID. There is absolutely no need to. We have a floor in our price now. Hession must be stopped and we must get what we are worth.
SHAREHOLDERS MUST UNITE
I do not believe there is anything at all to fear by voting down this terrible deal for Interoil shareholders. In my view we are better off riding the recovery as Interoil shareholders then oil search shareholders.
You seem to think that we are in a position of weakness. Quite the opposite, we are in a position of strength. They want us, we don't want them.
Possibilities
1) they make a better and more acceptable offer before the vote when they realize the resistance out there.
2) we vote no and we fire our destructive CEO that has torn down this company and wasted capital to no avail. Ioc can ride out the total contract easily with barebones staff. There is no need for a big board. Basically a holding company. I rather do this then take a bad deal. Hession goes bye bye and doesn't get his cake and eat it too. He gets money and no board seat and no entrance into oil search if he doesn't deliver ioc to them on a plate. Like he is trying to do.
There are many ways this can play out. All good in my opinion as we know the most basic value now that oil search showed us.
3) another bidder comes in.
Anyway you look at it DONT BE AFRAID. There is absolutely no need to. We have a floor in our price now. Hession must be stopped and we must get what we are worth.
SHAREHOLDERS MUST UNITE