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agree auto this deal was never going to complete

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tilleydog

1,160 Posts.

01/12/15

22:19

Post #: 16524520
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Originally posted by Autosime ↑

Do you wonder how much money can be made by such Ann from related parties.
The deal makes zero sense , both in terms of value offered relative to oil price and prevailing SP pre Ann. The fact nobody knows who the buyer means makes it even less credible.
I could Ann tomorrow that my business is being bought out , if the buyer is Wbc you would be excited and have confidnce, the buyer is my retired uncle Jo who is on an pension and plans to get 1000 retirees to chip in so he can buy it , you would be less excited.
I say again if the agreement was real and unconditional it would have been sealed . It's not complex , price x for two areas . Where is the complexity . The complexity is in my view that the deal was never going to happen, but the more time and negotiations announced the more someone might believe there was something real in the first place. People keep talking about deal potentially falling through , I see it as the BS being exposed - two very different things

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agree auto
this deal was never going to complete

AZZ Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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