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

Energy Oil & Gas E&P

NYSE:NXY.P.B - Post Discussion

Nexen Inc. 7.35% Sub Notes 2043 > Rona vs Nexen
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Post by mrbb on Aug 15, 2013 1:30am

Rona vs Nexen

Nexen management took CNOOC's offer despite opposition from scare mongers.
Rona on the other hand, rejected Lowe's $14.5/share offer in 2012 to make quebec happy.  Rona is now trading at @10.84, some 34% less than lowe's offer and still facing uphill battle with competiton in an overcrowded space market.   Look at how emotion plays out in what is a financial and economic soundness decision.
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