I have a funny feeling that SA will write one and this will be the torpedo in the side of a sinking ship already. So sorry people, next will be the lawsuits. Loosing 40% in 19 trading days is disgusting let alone criminal, and today was just a cover up. Inter Oil belongs with STAR and ERON. Disgusting BOD should be left in PNG with the tribal people to be burned at the stake like they do to the witches there.
There is no basis for any lawsuits! Get real. Management is never responsible for the price of its stock, only for its performance. By signing on with Exxon, if in fact they do finalize the deal, they have performed well, even if Mr. Market chooses not to believe it. Their fault lies in their failure to deliver on so many past promises, which has cost them their PR credibility.
and it will sink them to a new low. There is no time frame why do you think Wayne left today. When I heard him say this is a FIVE year plan with Exxon, I knew this was BS. It is over and get out while you still have some cash left. Maybe no lawsuit by me, but there will be many people who lost millions. They will be pizzed off. But my $13,000 loss is a hard lesson to take.