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Private placement one million plus units for US$2, half wt exercisable at US3, good for 3 years
interesting that the exercise price period would be so far out. Is that a realistic guess of the timing of a sale or a big fat stinky red herring? Economic conditions, funding requirements and a little shareholder fiscal desperation make this a heck of a good time for a BP to float a low ball takeover offer for both companies.