Great move.
Cash is always king.We are now well insulated.
Gina has only one move available-take us over.Theres no real games she can play-we've got too much money.Her money.-thanks mir.
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How will she do it.Same plan that just worked.
She starts t/o and Min/Ellison buys shares on market to deliver shares in due course.
There is ONE potential snag.Lets hope Woodside or Mitsui or whoever else joins the bidding.
How does Ellison ultimately get repaid.
Well I'd be surprised if he wouldn't prefer running a private company rather than a public company.He'll work for Gina-eventually.
Ann: Strike's Seventh Supplementary Bidder's Statement, page-13
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