Oil Search Valuation & Target Price, page-489

I have been telling you for sone time about the glut of LNG---as far as the bonuses etc you mention---i am willing to bet that does not come before the allocated share buyback( what ever is left after interoil shareholders decide if cash or shares) I think your friend is without doubt wrong about that-The reason being CEO Botton,and i seen this myself, stated that 'after payouts to interoil shareholders who want cash,the allocted 770 million or what us left will be used to buy back shares in OSH'--why i am sure this will happen is because if it does not--OSH would most likely be pursued in the courts by angry shareholders--i dont think botten would lie because as CEO--he personally can be held liable -cheers