12cents per share for the whole company......nar...Eni spent...

12cents per share for the whole company......nar...

Eni spent more than this...just to drill Heron......last year....

Tassie Shoale was valued in 2008 at six times this ....ie 78cents per share..

They would need to find a lot of weak....naive shareholders to get that to fly..

The top 20 share holders could hardly be called...... stupid....weak...or naive....
And they hold around 30% of the total shares....

And..

These guys can read balance sheets...broker reports...etc.....