too funny gretchen mentioning the positive market reaction to the deal to defend that this was a good deal for shell. xom is up more than shell since the anouncement. cop is certainly up a lot more …. the fact that all shell knows to do is to give the money back to shareholders through buybacks is telling. they are just aiming to reduce the dividend bill for the future …. problem is there is no trust anymore with investors. the stock will not go up with buybacks if you equally reduce your asset base ….. a fallacy ….. new leadership is needed at this company …..
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Yes, yes it is. Garage Sale all the way.
The sale was already priced in the stock price; everyone knew this was coming months if not years ago.
Gretchen hasn't said an honest thing in her tenure. She isn't going to start now.
agreed. in addition the appalachia sale last year certainly worked out well for seneca. people will be lining up now to buy shell assets at discounts. is this a garage sale ?