MacNiven and Donald will benefit the most form the hancock proposal, and Hancock just want their hands on their share of the gas in a pipeline and will have no regard for Stikes plans for project Haber, so with Hancock vs Strike with conflicting plans it's going to be a very messy marriage. While the Strike share swap spares the local investors from a tax issue (and I'll bet the scottish investors all have their tax affairs nicley concealed) the future ups and downs on the Strike share price put a lot of pressure on the Strike board to perform and put more effort in to doing the job and less effort into glossy ASX releases.
Things could alsways change with a big organisation like Mitsui swallowing WGO, or a local hero like Kerry Stokes increaseing his stakes in the energy business.
I've never owned shares in either entity as I felt that the Kingia deep Dandaragan play was just a bit too risky a long term producinfg reservoir, but I am happy too see that I may hav been wrong
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MacNiven and Donald will benefit the most form the hancock...
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