Don't want BPT or SGH or KS coming anywhere near STX - NOT in a million years!!!
Just take a look at how KS & SGH negotiated the takeover of Nexus Energy (NXS) several years back - one the worst and most despicable cases of low-ball, dirty tricks seen in Aus corporate history - infiltrated the board, cornered their debt with some questionable corporate manoeuvres, placed a gun to S/Hs head and then walked away with quality assets leaving S/Hs with Zip, nothing, nada, not a cent. Was controversial enough to have seen significant ABC Business coverage and vocal criticism from Australian Shareholders Association at the time.
That is how KS & SGH roll, their playbook is all about seeking to acquire quality assets for a fraction of their true value (exactly as per the BPT low-ball gambit for WGO) . . . so if you think somehow that any takeover action coming from that direction would be a positive for STX, then you would seem to be living in some kind of alternate reality my friend
Fortunately, STX is a completely different beast with very different corporate characteristics and quality of BOD.
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