Coops, Completely different argument here. I'll tell you what TAP's gas assets are worth atm - that is what the market will pay for them. In this case Auto is correct in that there is no appetite at the price WE attribute to them. They have tried everything to get a decent offer but come up blank. My view is that we just hang on to them till the market matures and the whole LNG thing plays out - then they may have more value.
TAP Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held