I don't know how much cash they have saved by pulling out of these risky areas. But I am talking about the opportunity costs. Whatever they were planning to spend on those areas (however small it may be) is now available at their disposal for better use like maybe drill more wells in cooper.
Specific T/O targets? I have been watching Beach for a few years now. Every time they increase their holdings in a particular company in excess of 20%, they tend to bid for a T/O. I do know that they are involved in a number of small companies like LKO, SEA, SXY, DLS, COE, PTR to name a few. Who knows which is their next target?
I hope this answered your questions in a reasonably unclear manner. LOL
I don't know how much cash they have saved by pulling out of...
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$1.11 |
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