Prediction
Its kind of obvious the strategy - and the granted ROFR on the RAF DEEP farm-out is the clue
ROFR could work two ways - eg nobody bids as wouldnt win anyway or huge deal to blow them away.
Ideal is two deals - one for RAF and one for regional exploration (seismic and wells)
Primary strategy is for Sabre to confirm the basin as significant O&G play and then BPT moves to acquire maximum equity once mega resource potential is confirmed.
So see Sabre as test case - eg grab shallow oil rights, then participate in / fund deep gas and deep gas exploration - prove the concept and grab 50% of play.
BPT only gets involved after RAF appraisal and swoops to clean up the other 50% >> minorities eg the whiners
Not a terrible outcome if we get 2H shares prior and the bid ratio is good (eg at least 1:1).
Tom installed as MD/CEO of new company called…. SUBARU
Question is will other players sit idly by, while ACE/SABRE/BPT clean up???
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PredictionIts kind of obvious the strategy - and the granted...
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Last
8.3¢ |
Change
-0.003(3.49%) |
Mkt cap ! $55.72M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 8.3¢ | $18.59K | 218.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56997 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56997 | 0.085 |
3 | 267000 | 0.082 |
1 | 50000 | 0.081 |
2 | 150000 | 0.080 |
2 | 50000 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 83890 | 2 |
0.093 | 152079 | 1 |
0.095 | 38859 | 2 |
0.096 | 100000 | 1 |
0.099 | 117756 | 2 |
Last trade - 15.46pm 09/08/2024 (20 minute delay) ? |
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