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Replies to #1177 on BP Plc (BP)

z4lover

06/10/10 1:26 AM

#1180 RE: MONEYMADE #1177

I'm sure a bunch of different people are starting to think about a take over.

That being said the company has 2.3 billion in cash... I'm not sure exactly how they plan on coming up with 90 + billion.. They'd have to come in with an offer at some kind of premium to the current market price. Something like 120 billion... I just don't see them coming up with that kind of cash...

Komando Robot

06/10/10 2:56 AM

#1215 RE: MONEYMADE #1177

That would be huge. Imagine how high the call options would fly...