ExxonMobil pps dips

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ExxonMobil pps has dropped 10% since the Exxon bid was declared 'superior' on July 18th. Exxon price was then $94.82, and it is currently $85.42 [a drop of $9.40 or 10%]. This is good news for IOC shareholders as we will obtain 10% more share value in Exxon shares as a result, should the share price hold at around this level for the next week or so and, of course, should the deal pass the 66.7% approval mark next week.