not going to pick apart your reasoning but any counter bid has to come quick after monday.
firb will have to pass it or let them take a 49.9% stake. so if someone else wants to bid they know they have to do it before firb decision.
think about it - bhp want ph. it's money for jam and bhp could own it for chump change or make an all scrip offer. they also get to look like all-australian heroes.
with martabe and gg sold - ozl has reduced debt and bank refin is a possibility.
they better move quick.
Add to My Watchlist
What is My Watchlist?