becoming very clear they want to sell to Beach. "5 business days matching right".
the question is why?
Beach don't have to pay a dollar more than the highest offer. they will say "it was in the agreement they had right to MATCH".
the other question is how far can Hancock push Beach?
either way it's good for the JV.
Ann: Hancock Energy off-market takeover offer for Warrego, page-11
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