What a shocker, RDS paying too much, they must think someone else i.e. BP, CVX, XOM might want them, the best thing would be an alternative bid from the likes of CVX or XOM. BP and RDS should focus on their existing projects & stop burning s'holder funds on exploration companies.
Still good for ORG and SXY especially given recent drilling results from March or lack thereof.
However my small stake in BG Group just got a bit bigger. Terrible loss of value in RDS but RDS is like owning heaven's brewery.
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$1.23 |
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Mkt cap ! $2.623B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 124006 | $1.23 |
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|---|---|---|
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