Apart from getting ripped off on the transaction price the GGX options will be offered on the same terms.
HC may I please have leave to use just one expletive laden email?
I really wish in the merger preso they'd also described Russell's past conflicts with shareholders in other positions he's held. Would balance out the CV a little bit more reasonably.
Also the timing of this (with the courts on leave) also demonstrates why this merger is more important to GGX and OIP. If this was going to be proposed it should have been after PEL 6 drilling and at a time when it could have been taken to the courts expeditiously. Now it's going to drag on forever in a year which is not great for OIP shareholders as the SP is going be in the doldrums for months.
Nothing more than arrogant greed IMO.
OIP Price at posting:
10.5¢ Sentiment: None Disclosure: Held
