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BP p.l.c. Message Board

  • reality90210 reality90210 Jun 21, 2011 8:14 AM Flag


    So the deal not going through was not so bad after all..

    Here's what I think can happen, BP gets over the spill and settles with its partners as it seems to be'll have money left over.. (predicted spend $6B so $14B in the bank)
    BP will use the $14B to buy shares of Rosneft when it goes on sale (2012), without swapping out any of it's shares, and will end up having a stake in both TNK-BP as well as Rosneft.
    From the looks of it BP will emerge very strong. Folks this is a company to watch for the next two years. I wouldn't sell any shares...

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