Honestly the way things are with the board and the search for a new CEO; it would make sense for Santos to buy OSH; sell Alaska assets and progress with PNyang, Papua and PNGLNG. THe OSH shareholders have been taken for a ride so the price of $4.25 is reasonable first offer; may go upto $4.50 before the board approves it. Just be mindful that the board is likely to be sacked if it doesn't sell the company given the results at the last AGM. Also Citibank is laughing all the way to the...... well bank
OSH Price at posting:
$3.90 Sentiment: Buy Disclosure: Not Held