live by the sword, page-2

PTFE,

If TLW is taken over what do you think the offer price might be A$14. That would give a 40% premium over the current sp.

You can also wager that the Indian Oil Company are looking at other companies.

I think Tullow are open to attack at this time from the big boys. I also am now convinced this was the real reason for The Brokers buying HDR shares to get into Tullow at a value for money price. Deutsche Bank where buying vigorously right up to the last day. Could not fully understand why at the time but suspected it might for the above reason.

Now we must sit back and see if the oil sector does fizz over the next 6 months with M&A activity

regards

Acamas