Crude at $110 dollars tonight is almost 85% (Eighty Five) percent above the price it was when the takeover was recommended.
85% !!!
Had the $4.60 takeover price not been recommended, it is highly likely that Senex would be a higher price than that today, and probably over $5, because of Ukraine, but because the acceptance of $4.60 was done, it effectively capped the share price of SXY to that low price.
Every time I look at this now, I can't help but hear that wonderful Supertramp song going through my head - Crime of the Century.
PS: Can somebody please assassinate Putin, he's clearly living in the cold war era, deluded and psychotic, and is completely insane.
Gw
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