All you say is correct which is why osh should accept the bid.
20% premium to traded price prior to proposal
All scrip which means you benefit on the oil upside while making 20% now. Have your cake.
Reject the bid and watch the price plummet 15% imho
Cash is never a bad thing when you are looking at massive capex for png lng train
Strength with a behemoth like wpl
I hold wpl and continue to accumulate.
Let's use market monopoly in a low cost producing environment to profit. Turn your png gas assets into producing assets rather than just talk. In a distressed o&g market this a gift. Hope they buy sto too.
OSH Price at posting:
$7.90 Sentiment: Hold Disclosure: Not Held
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