Bargain Priced - an unprecedented buying opportunity?
Since announcing news of the explosion of the Transocean rig on 21st April 2010 BP’s share price has fallen 16% wiping more than £19bn (cUS$15bn) off its market value.
Many leading commentators consider that, despite the implications, the sell off looks overdone. We consider the issues and assess all the protagonists in this disaster.
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