Participating Interest involves consideration other than cash or involves other properties included in a wider transaction (package deal), then the Participating Interest (or part thereof) shall be allocated a reasonable and justifiable cash value by the prospective transferor in any notification to the other Parties. Such other Parties may satisfy the requirements of this Article 12.1(G) by agreeing to pay such cash value in lieu of the consideration payable in the third-party offer.
Did COP allocate a reasonable and justifiable cash value to the participating interest which, clearly, as it was (part of) a company, involved considerations other than cash or involved properties included in a wider transaction (package deal)?... and did COP make that available to all parties?
Perhaps, and perhaps not...
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Open | High | Low | Value | Volume |
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---|---|---|
2 | 26752 | 50.5¢ |
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Price($) | Vol. | No. |
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52.0¢ | 109917 | 4 |
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2 | 29755 | 0.485 |
4 | 113930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
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0.520 | 109917 | 4 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
0.535 | 115000 | 3 |
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