RE:RE:WHAT ARE THE ODDS?Agree as supermajor most likely will want 51% which means Galp 40% plus Custos/SEI 10% plus 1% more. Think your buyout number is high.
$10B x $2USD x 5% / 400m shares x CDN conversion = $3.42 CDN and that's probably still way high but this is all speculation. I'm sure R Bose and Katti have a few spreadsheets on the boardroom table in anticipation of an offer. What will their strategy be I wonder?
Rawk