Yes I agree 100%. I think it's a crying shame for shareholders that Management intends selling its only valuable asset in BG. I don't believe the spin that they recd an unsolicited (decent or cheap?)bid for BG - PSA are sellers and they're trying to drum up buyers - they're going to be a price-taker and not a price-setter and as such they're not going to get full value for this valuable asset. And then they're going to invest all the proceeds in dodgy risky exploration 'assets' in the US. Maybe if TF hadn't made so much money from his OGC shareholding, shareholders here may have got a better decision. Cheapish today but expensive tomorrow.
PSA Price at posting:
19.5¢ Sentiment: LT Sell Disclosure: Not Held
