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Episode 10: How the World Ended Up With a Boring Banana

Odd Lots

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The Importance of an IPO of Saudi Aramco

An IPO of Saudi Aramco could mean that that 10 trillion company comes to the market. How could it be worth that much? Well, you just start with the amount that ExxonMobil, the largest and most valuable oil company, Exxon is about 320 billion dollars. But why IPO now with oil at something like 30 dollars a barrel? Well, it is a very off timing. There are many theories and Saudi Aramco has not explained why it's thinking right now.

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