Bubs, Beach ,imho, BPT will just soak up every share they can get hold of. This Cooper Basin is worth Black Gold. I am not selling anymore. I only sold 2/5 to give the money to charity. 'Be a Hero Australia'..... And to the 'Childrens Cancer Society'.
The price of oil is going up.
I really can't see VPE selling out. If I was them I would want more from ITC. Would love a VPE offer that offered Beach Shareholders say a deal worth 9 cents. And then Eddie would want 9.5 cents.... and a deal would be done that day.
And BPT shareholders would walk away knowing that these BPT boys have done another profitable deal.
Honestly, I have no idea how this will play out. But, as a shareholder, I would like a full out assault on ITC.
Trouble is BPT like the Fairway too.
Unless, of course,..that this Fairway is indeed a Fairway to Heaven.
ITC Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
