energy conference presentations, page-12

Margi,

If a company or shareholder holds 50.1% of the shares then they control the company.
Normally they start by buying on market to build up a % then make an offer to shareholders to sell the shares they hold.
A 4 cent offer now could be enough to convince 50% of shareholders or maybe a 5 cent offer.

By not disclosing flow rates SG makes it very hard for a takeover company to put a value on the company and the risk of offering to much to shareholders is much greater.

Normally a takeover is made when a company is in the early stages of proving up its value. This is done by increasing cash flowing into the company by in this case barrells of oil.
By taking GGP over early another company can continue to prove up more value by increasing the cash (oil) flowing.

GGP is at a tricky point for a company that appears to be a multi bagger and undervalued.
I know from the AGM the low shareprice is a concern to management as the ease of it being taken over