07-12-2016, 09:36 PM
Both AFR and The Australian have several sources saying Exxon had bid $3 Billion US .
Why people don't believe the published leaks makes no sense . AFR is just like the WSJ so they fully vet a story before publishing their stories . that's why they can charge $275 a year for a subscription .
Further the press identified JPMorgan as representing Exxon , as of 6-30 JP owned over 3 million shares of IOC. They JP want a robust price for their IOC investment .
The gag order prevents public discussion of deal details .
I can say 100 percent Exxon deal is robust . They want this over and they get Total to pay them several Billion dollars from the IOC SPA to lower their price . Therefore we see a Total bid in time.
These things take time as in months .
Today just vote down this stupid Oil Search deal .
Why people don't believe the published leaks makes no sense . AFR is just like the WSJ so they fully vet a story before publishing their stories . that's why they can charge $275 a year for a subscription .
Further the press identified JPMorgan as representing Exxon , as of 6-30 JP owned over 3 million shares of IOC. They JP want a robust price for their IOC investment .
The gag order prevents public discussion of deal details .
I can say 100 percent Exxon deal is robust . They want this over and they get Total to pay them several Billion dollars from the IOC SPA to lower their price . Therefore we see a Total bid in time.
These things take time as in months .
Today just vote down this stupid Oil Search deal .