OK so they picked up an El Speedo which most of us new was on...

OK so they picked up an El Speedo which most of us new was on the cards.
But then this-
"an announcement of discussions with a target regarding a potential acquisition"
So Mr.Lingo and Co are now saying ....yeah well good time now to disclose.
So my take on this is its not oil&gas related because that now has been handed over to the TEG side of the partnership.
TEG are not in a TH and at present going backwards in SP.
So it must be a complimentary acquisition with regards to what Pilot is wanting to achieve in regards to the Hydrogen, Wind and Solar and Battery.
If it is ASX listed it is likely to be in a TH as well as they will be in confidential discussions re the acquisition.
Anybody know of such a complimentary company into TH today? Hey it possibly may not be listed ASX.
The other factor is there has been plenty of buying interest in PGY so I lean on the side of all this leading to a positive outcome for SH due to recent trading events.
Time will tell.
GO PGY
GO TEG