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IOC shareholders told to ditch ExxonMobil

RAYMOND James says InterOIl investors should ditch ExxonMobil shares after the $US2.5 billion ($A3.3 billion) takeover they've already approved is finalised.

IOC shareholders told to ditch ExxonMobil

The firm's Houston-based senior vice president and equity research analyst Pavel Molchanov has long been bearish on ExxonMobil, and advised InterOil shareholders last Friday that the oiler was poorly positioned...

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