I think Ampol is greedy and wants all 3 different assets it is trying to acquire but does not have enough fund to buy all 3.
Therefore it has to decide which ones it will buy.
Even buying 2 assets out of the 3 will cos Ampol to put in low bids for each one.
i would prefer other suitors to now start putting in bids to get ampol to hurry up and put in its bid.
Oil price is likely to go up as world economy opens - that a given. But when will NZ and Oz open its economy and international travel??
The market does not like this middle ground of no bid so far.
If no bid - will the sp drop back to $2.50 - $2.85.
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