Hi Yaq,
When you compare the ESG and BOW Chairman responses you want to scream
ESG - cowers and rolls over doglike and lifts its leg and wets down its loyal holders
BOW - Like a fierce animal tells the great Shell to take a hike as we will call you when we are good and ready as we are assessing our strategic opportunities
You know ESG better than anyone - so WHY have they done this to us ?
They had plenty of our money to continue the appraisal
We just want an Other-Bidder to make a contested auction
You may have noticed with BOW that already there has been a Substantial holder notice(Bank of America) yet with ESG even though ~520M shares have changed hands since 18/7/11 there has not been one that has not been reversed (Bank of America). Whose hands have they gone into ? A lot of hedge funds ? Why no ESG substantial holder notices - 5% is about 51M shares ?
Bank of America seemed to buy into BOW the goer with borrowed shares
A puzzle - is that a vote for upside in BOW and not much in ESG ?
Cheers
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