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DewDiligence

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DewDiligence

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Re: OakesCS post# 771

Wednesday, 04/21/2010 11:46:09 AM

Wednesday, April 21, 2010 11:46:09 AM

Post# of 29422
Agreed—finding a buyer for the Lukoil shares will not be easy unless COP is willing to accept a firesale price. But, as noted in my reply to exwannabe, the arbitrary GAAP threshold of 20% gives COP a reason to delay any paring of the Lukoil stake for a few years.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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