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$4.60 senex energy limited

Ann: Court approves Scheme Booklet and convening Scheme Meeting, page-172

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adam.s

3,287 Posts.

93

07/03/22

11:40

Post #: 60027704
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Originally posted by Money Fight: ↑

If I had to throw up a theory....they waited until the really obvious alternative bidder (Santos) was firmly in the process of its Oil Search acquisition, so they really couldn't act.

I seem to recall Beach Energy stating a while back that they were laying low and not on the acquisition radar?

Personally, I think if a bid came in when STO were not tying things up with OSH, we would have certainly seen a bid. I don't htink it was coincidence this bid occurred when it did.

Certainly helped them that we have a weak board.

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The real loser will be the domestic energy market.

We have all the resources here & we are letting them go overseas for a pittance

SXY Price at posting: $4.58 Sentiment: None Disclosure: Not Held
12 Upvote

0 Great analysis

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