What about Stanwell(Qld Govt)position in holding this stake and now deciding to relinquish it. Their original decision to hold such a sizable stake based on normal commercial basis? (make some dosh) or rather be in a position to influence any possible outcome should suitors emerge. Is it possible some sort of deal has been done or is about to? All just wild speculation on my part but trying to justify to myself a reasonable rationale. Today, what is equally puzzling is the muted trading action.
BUL Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held