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Old 27th Feb 2012, 07:21
  #419 (permalink)  
MidlandDeltic
 
Join Date: May 2007
Location: Ireland
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Maybe the Govt. will do a deal with MOL. You pull out of EI ....
Won't work - it would depress the share price even further. FR own 30% or so, the government 25%. The effect on any company's share price of 55% of the share capital becoming available would be catastrophic.

The government are trying to sound convincing that there won't be a fire sale of assets (AL, ESB, Bord Gais, Coillte etc) but in practice with the state of the economy that is what is will become. Foreign private and public sector companies are the only ones who'll benefit. As Luke Kelly quoted, "For What Died the Sons of Roisín?"

MD
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