RE:RE:RE:RE:Still chirping away over the carcass of “the offer” are we? I am confused as why shareholders of BNE are acting so surly about what's going on. Your stock price is being pulled up by the OBE offer. As OBE rises with commodity prices, your stock goes up too because there is that option to take the deal that buoys the BNE stock price. No one is being forced to tender their shares although there is a premium and I am sure some shareholders wonder what happens if the deal doesn't happen.
I think the real interesting situation happens when the companies release their results and outlook. Both companies are going up whether they merge or not so really no downside.