I wonder about your comment about the APA question... Not sure I would necessarily agree... Only because Shell/PetroChina have their own plans and permit/approval for a pipeline, so not APA dependant and if a Chinese company buys APA you'd reckon (if anything) they could be keen to get access to the Bowen Basin gas ...??? Just a thought...
Agree though, markets like "certainty" … however in this case there may be other circumstances playing into it...???
Cheers,
Kip
BUL Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held