5 ms·
That seems really weird. why give them a free gift? I suspect there must be more to this.
by spaetzleesser 5y ago
That seems really weird. why give them a free gift? I suspect there must be more to this.
- gambiting 5y agoThe gift is worth nothing or actually worse, BP pulling out reduces the value of all of their other shares too.
- Tenoke 5y agoSurely (if that's really the case) just selling on the market and crashing the price would've hurt them even more. I'd normally expect that'd also make BP at least a bit of money but I have no idea about the complex accounting and tax situation when doing it this way. Either way, at minimum it's a gift of not crashing the price.