COE and SXY, page-18

Yep, Beach took out Lattice Energy and got the WA Waitsia dirt and project. That was a great deal and was transformational for Beach.
But just how appetising must COE look to Beach now???
Have a look at synergies of combining COE and BPT.
Do we think that Beach would have a good knowledge of COE's assets???
Beach already has the technical expertise.
Beach will have the cashflow, as it starts to export the WA gas into the LNG trains in WA.
Once it has digested the WA projects, it will look for further expnsion.
COE 's assets, GSA's, permits and exploration potential would all look inviting IMHO.
COE's share register is wide open, with Insto's holding over 80% of shares.
It's only a question of price.
The lower the SP of COE, the more chance of an opportuistic bid.
Just look at Crown Resorts today.
There is money out there - it's just not in my pocket!