$Occidental(OXY)$ IMO WB and CVX have an understanding about the future of OXY. I said this on this board about 8 months ago and I believe it more so every time that WB buys more OXY shares. If WB exercises his warrants his stake in OXY is around 26%. I think the CVX bid will be made public when WB buys an additional 4% of OXY. I think the offer by CVX will be around $90 to $100 per OXY share.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Ok