Maybe they have some more big mergers hiding behind doors number 2 and 3. If they were greedy pigs they could have just issued themselves another 400 million shares for the merger and who would have been able to complain. Nobody. They showed their smarts and their lack of greediness by leaving this deal with a very low, very workable share strucuture and only issuing themselve a very fair amount of stock. 85/15 was the ultimate split which is damn good in merger land. Shell shareholders ended up with 15% of the final deal. Very good split. Especially for a court reinstated deal.