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how do majors takeout companies worth multiple...

  1. banksy88
    1,858 Posts.
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    20/05/11
    09:05
    Post #: 8427500
    how do majors takeout companies worth multiple billions..progressive equity (20% stake). Just thinking that it must be a hard sell to their shareholders to part with 2 billion cash in one hit.

    Any comment appreciated...maybe they do jv wih other majors?
    CPL Price at posting: $1.69 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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