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7.14%

5.2¢ blue energy limited

El Tigre, I think your on the money with APA !!! • Directors...

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Philbo13

157 Posts.

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31/10/17

11:57

Post #: 28347390
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Originally posted by el tigre ↑

That’s the knee jerk reaction. Kogas is a gas behemoth so a director resignation initially looks bad. This is until you read it’s because Kogas has an equity stake in the Santos GLNG and wants to avoid potential conflict of interest.

Then it suddenly becomes a positive announcement. The conflict of interest is a bit harder to answer. My initial thought wasn’t that it was KOGAS/Santos after something but a competitor, i.e if we buddy up with APA we will then be indirectly competing against Kogas/Santos who really shouldn't be privy to these discussions.

This is all just theories. Trades are changing, calling 17c+ by the end of the day =).

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El Tigre,
I think your on the money with APA !!!

• Directors buying in
• Address by chairman details growth
Opportunities that are ahead regarding
Their growth and acquisition strategy
•. 1.2 Billion of growth projects in the 17/FR

I think a deal with APA is imminent get ready for a wild ride on that BUL the rodeo is about to begin....

BUL Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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