I sure am J.T. The other 40% of 300TCF in 855, plus 33.33% of the Post Permian section of 218. Plus a 20 year+ GSA for 2.2TCF already signed.
Not hard to do the maths when comparing ICN with the others.
But, they will cost pretty big time now that the cat is out of the bag with Halifax-1. Would need a very large scrip offer, at least 1:2 just to get on the Board, even 2:3 at current prices and that probably wouldn't get past 75% as the other 20 odd% are very tightly held. Probably would never get 90.1% without a very huge offer.
But, it would put BPT in the absolute armchair seat for the inevitable shale gas INDUSTRY in Australia.
I'm not counting on it happening and reckon that ICN will find a way to fund their share. 855 is far too big a prize to give up too easily, but, much could happen in next few weeks.
I sure am J.T. The other 40% of 300TCF in 855, plus 33.33% of...
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Last
$1.49 |
Change
0.015(1.02%) |
Mkt cap ! $3.399B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.51 | $1.47 | $9.879M | 6.634M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 119980 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 67389 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |