RE: Oil Price15 Mar 2020 22:26
It’s 97% down since late November they are fully hedged at much higher levels, have 2 billion less net debt than when the sp was 99 times this market cap.
Not one institution has offloaded since mid dec this has been manipulated low for a takeover pure and simple.
In my opinion the mutual handshake took place a while back, not long to wait now for news of the asset sales or the bid approach imo