I think your right kiwitrev. Their objective will be to get the gas as cheaply as possible, not enrich us BUL shareholders. 6 months of quiet has caused our share price to fall 70%. So an offer now materially lower than a year ago would certainly get more takers. I for one am glad the Chairman owns more than 100m shares. I think our interests are certainly aligned for him to get the best price. I hope they have a strategy and if it is to make noise, hire a lobbyist and PR firm in this social media age!
BUL Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held