TP,I think your point about OXX is definitely valid. I can't see...

TP,

I think your point about OXX is definitely valid. I can't see OXX making a play for OIP while ESG have such a large vote on the matter.

So perhaps if they are serious about acquiring OIP they will either:
1. Look for an injunction to challenge the validity of the meeting, just to make things difficult, or
2. Challenge whether or not ESG should have been allowed to cast a vote on the matter given the obvious links between board members of both companies

Alternatively they might just have been there to stir things up and will be happy to let things slide. As it stands it would be very difficult for them to acquire a controlling stake.

Who knows? Certainly not me.

JT