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Shells proposed purchase of BG

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  • C_Mababejive
    C_Mababejive Posts: 11,668 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Well how are we feeling 2 years downline ?

    Can anyone please remind me of the RDSB share price at the point the deal was done ?? Thanks
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
  • cloud_dog
    cloud_dog Posts: 6,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    In the back of my mind I think the merger may have been announced towards the end of 2014 (Nov??), and the share price basically dropped from there until the merger was completed in February 2016, when the share price bottomed and it has risen since then.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    At the risk of stating the obvious, Shell share price has risen because the oil price has risen
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • cloud_dog
    cloud_dog Posts: 6,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    At the risk of stating the obvious, Shell share price has risen because the oil price has risen
    Yes, I don't doubt that RDS share price is heavily influenced by the PoO but, it is still coincidental that the timings of the PoO bottom and the completion of the RDS/BG merger were timed so closely; some might argue there was a conspiracy at hand :D
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    cloud_dog wrote: »
    some might argue there was a conspiracy at hand :D
    Do they think the Directors of Shell control OPEC :D
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
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