will shell "shell-out"?, page-2

Jake002,

I'll repost my post from the AOE thread:

"entropylord,

Good post well done, you make an excellent points re the assets that AOE might gain should they get their hands on PES and selling a portion of those assets back across to Shell.

By this method, Shell would effectively be refunding AOE giving AOE the scope to bid higher knowing down the track that they (AOE) will get ~30% of the purchase price of PES refunded by Shell. Of course all this is very hush hush until AOE completes the T/O of PES.

Cheers
Muzz"


So, maybe AOE might have more $ than we all think. AOE & Shell are not going to let this slide and neither are BG. But of course there does come a point when one of the bidders is suddenly seen by the other bidder as paying too much and quit.

It all gets down to who is more desparate to get PES...AOE/Shell or BG Int???

Cheers
Muzz