07-21-2016, 10:43 PM
'Stavros' pid='74455' dateline='<a href="tel:1469062 Wrote:The Oil Search Proposal to acquire IOC for shares + ca$h was NOT ACCEPTABLE.
The ExxonMobil Proposal to acquire IOC for shares + ca$h is NOT ACCEPTABLE either.
NOT EVEN CLOSE
I will again vote NO to this current XOM Proposal
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I think XOM wants to pay IOC for 7T's after A7 and then keep IOC's right to the future re-cert numbers that may eventually show 10T's. TOT will pay them and not us. IOC shareholders lose out on that money with what consideration? Hession should counter with a deal structure that protects what is already an existing right/asset, rather than just "recommending approval" to whatever he can get.