Ann: Brookside, Financially Disciplined Oil Price Leverage, page-23

So if it is a sales pitch then they should consider themselves as a potential buyer and at least be more aggressive in the BB and get it done well inside their time frame and get shareholder approval and go again .

I have been supportive of not feeding the speculators that entered on the Announcement of the BB but it seems to have slowed to a trickle lately and they could have bought more without pushing the price up too much .

I am not in favour of a consolidation because it costs and changes nothing in a financial sense and often they end badly .

However buying 20% of the SOI at somewhere around present market prices would have a real intrinsic increase in the value of the remaining shares and seems to be doable with their present cash position and FCF without weakening the balance sheet in a critical way .