BPT 0.39% $1.28 beach energy limited

News: BPT Warrego Energy Announces Increase In Offer Price Under Hancock Energy Takeover Offer, page-3

  1. 4,906 Posts.
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    Anyone care to take a stab how far BPT/SGH are willing to push it. My understanding is BPT have $490m available which would equate to an offer of circa 0.41. They don't have the firepower got GR but I would be interested to see what Kerry Stokes is going to bring - especially what his private investment arm, Australian Capital Equity (ACE), will bring. Because ACE is private we don't know what they have in their war chest.

    Publicly, on paper anyway, Gina Rinehart could outspend Kerry Stoke 7:1

    Any comments.

    Cheers
    BW
 
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