Bullboard - Stock Discussion Forum Nexen Inc. 7.35% Sub Notes 2043 NXY.P.B

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NYSE:NXY.P.B - Post Discussion

Nexen Inc. 7.35% Sub Notes 2043 > Great news

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Post by bakken13 on Dec 07, 2012 5:13pm

It is great news for all of the companies with good assets.

I have about 15% of my total net worth in PPY, and it is going to do very well now that the uncertainty is gone.

Using the proceeds from the sale of NXY to buy PPY wouldn't be a bad move, as I expect it to get sold for double today's share price.

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Comment by mrbb on Dec 07, 2012 5:16pm

i bet the malaysia president would be royally pizz if cnooc-nexen got approved while progress-petronas didn't lol

198

Comment by BioBilly on Dec 07, 2012 5:26pm

I don't know about anybody here but I'm going out for a big thick steak and a very good bottle of red wine. Cheers.

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