Originally Posted by
KentBrockman
you mean NZO would pay 17c/s for PPP plus some NZO scrip?
Pull the other one. NZO was unlikely to ever gain control of PPP with their cheapish approach half a year ago, and it is even less likely now (unless the Vietnam thingy falters and no further oil is found around TUI (and if that was so, why would they want PPP anyway)).
I think we can well and truly say that NZO's attempt at PPP has failed. The best outcome for NZO's foray into PPP will now be to hope for a positive outcome of the Vietnam drilling and then sell their stake while having (probably more than-) doubled their money.