Re: Standard & Poor's IFactual Stock Report Coverage on Falcon Oil - TexasOilMan
posted on
Apr 26, 2009 05:00PM
Developing large acreage positions of unconventional and conventional oil and gas resources
>....and their almost phobic behaviour towards the old Soviet rulers, and the anxiety it creates on Hungarians today when a Russian company gets too close to home (like for example Sugurt to MOL).
I have said earlier that there are times when you are wrong. Let me make a correction, actually you are often wrong.
MOL's aversion to takeover attempts has nothing to do with Hungarian sentiments towards Russia. Rather MOL has a dislike for being taken over by anyone. As MOL's rejection of the Austrian OMV's hostile bid attesting to that.
According to Zsolt Hernadi, MOL has its own long-term plan for the company.