My Thoughts.26 Jun 2025 13:27
So going by the rns Shell won't be making any bid for at least 6 months, but there's the "Note 2 on Rule 2.8 of the Code" to consider.
So if your not interested, then why would you be interested if someone else decided that they would launch a takeover?
Is it simply because you would not want to miss out, or perhaps because you really are interested but not quite at this time. However should someone else make a move you want to have a seat at the table.
I expect there will be lots of number crunching going on over the remainder of this year, where upon in 6 months time if no one else has came forward. Shell will indeed make a move.
The only spanner in the works I see is if the next boss of BP turns things around RR style and there's a return to a much higher SP through either oil price, changes in business plans or a combination of both.