BPT 4.00% $1.69 beach energy limited

no deal on pes

  1. Ya
    6,809 Posts.
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    Finally we have closure!!

    The deadline for PES t/o is over & AOE has pulled out of the race. IMO, they can now perhaps focus on Beach's 40% stake in TW.

    We know AOE may have $891m in the coffers (from their offer for PES) and that Beach's 3P-1115PJ reserves are valued between $300m-$1b.

    So, will we see some action on the beachfront from here onwards? Time will tell. Just my thoughts.
 
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