Deal is in Oil Search Bag now. Only thing TotaSA needs to do is increase the CVR from 0.79 to 0.90 i.e. just 10% rise which may be around 100 million extra only. That's all.
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INSTO will support Oil Search Deal not Exxon. INSTO decides the fate of Merger not Mum & Dad.
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OSH Price at posting:
$7.34 Sentiment: None Disclosure: Held