Quote:
Originally Posted by Frequitude
Speaking about state and oil, how about Saudi Aramco considering going public with some of their assets! They really must not have expected prices to dive so much.
http://www.wsj.com/articles/saudi-ar...ipo-1452509304
Can't imagine they'd actually realize true value since (partially) state controlled assets likely trade at a discount to their true free market peers.
$10T though! That's 18 Apples! |
Quote:
Originally Posted by BigNumbers
|
The part that will be most interesting are the disclosures I think. At this point Aramco is basically a black box. Once that's publicly traded though everything is opened up and we get to see exactly what they have (or at least claim). I don't know about the regulations and requirements in Riyadh mind you, but without good disclosure, investors aren't going to be terribly interested.