So many SH are talking about takeover, partial sell off.
Se 1BB in the ground, tad hard to prove flow rate in one or five years time. So price would be 10-20 of real possible value.
HOWEVER, are we not moving from finding oil to being a production company. Sure sub let a few wells, however our big money pits, should be OUR oil, our money, long term.
ALSO we forget the mention of return to SH , I spell dividends, partially franked, from memory. This was from AP in past meetings.
So many SH are talking about takeover, partial sell off.Se 1BB...
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