Why would Shell not make a bid?25 Apr 2014 23:17
I am not interested in charts, my focus is and always has been on fundamentals. This little baby is running on the prospectivity of its acreage - fuelled by the Shell discovery. I am also a holder of RDS B and would not in the least be surprised if Shell made a bid for our little minnow. It would certainly make sense for then to do so bearing in mind that the main challenge facing oil majors is to add to their rea serves. However, I would not be interested in an offer below three quid. Whatcha think?