That is terrible...we dont want a takeover anytime soon...we want growth then a TO premium... but i gave you a big thumbs up for making a valid point ... yep they just got 10% cheaper in currency and 14% cheaper on share price... Thats a mighty tidy discount when they are just about to announce a significant increase in production and revenue...
But if i where a tidy balance sheet US company looking for a tuck in immediately postive acqusition I would be betting on another 5c currency drop and a another few dollars in the oil price.... I wouldnt rush in yet...
What a shame LNR and SEA dont get a merger happening 50,000 acres and 16000 boepd would make for a mighty fine company.
- Forums
- ASX - By Stock
- SEA
- Barrel Costs
Barrel Costs, page-15
-
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)