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jdubs

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jdubs

Re: umbra post# 47477

Friday, 04/28/2006 10:01:06 AM

Friday, April 28, 2006 10:01:06 AM

Post# of 361654
I read two days ago about CNOOC making a deal for $4.5b to buy 45% of a company that would be online in '08. It didn't say which company. I think it's us. 45% of sharecount into 4.5b by my calculations puts the buy-in @ $8.39pps, perhaps some of you number crunchers can look it over.

The real questions to me are, "will we still be a company?" and "are we merging with other players i.e. Centurion, EEL?"

JMO


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