Recent

% | $
Quotes you view appear here for quick access.

BP p.l.c. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • forty2gallonbarrel forty2gallonbarrel Jun 16, 2010 12:33 PM Flag

    Who pays $20 bil

    If you are right, this is meaningful. It dilulutes the value of the non-us entity (many have valued it at approx $100 bil and now it's $80 bil; or $33 per share vs $26).

    Also, it sets precendence that the corporate entity has exposure to this issue as well and not just the US sub, although I may be reaching with this point.

 
BP
34.84+0.64(+1.84%)Sep 28 4:00 PMEDT