Different angle to consider.Everybody here assuming that buyout will happen in the next 4-6 weeks, in my opinion the main question here is not a buyout but survival of Oilexco, latest bridge financing and most importantly the 55 mil. shares as a success fee is telling me that RBS believe that Oilexco will survive and will be sold but not necessarily in the next 2-5 weeks.
IMHO if Oilexco survive then eventually at some point in the future company will be sold, in 4-5 years company may be worth more than $20/sh and potential buyout at that point may bring big pay day to everybody including RBS, never the less all those 55 Mil. shares are free for them, maybe RBS looking at this possibility? support company now and receive big payback in the future.
In any case RBS will get their 700 mil. back and at this point risk for them is almost zero, banks made lots of bad decisions lately, maybe they finally start looking at the possibility to get back at least some of those lost money in the safest way possible, the risk for RBS here is zero and potentially they may earn extra $1B.
Sooner or later company will be sold, later they sell the company more money for RBS, think about it!! IMHO