With the wheelers and dealers paying a premium over the scheme price for HDR, a bigger fish taking TLW would be unsurprising. Hopefully the fish isn't a too big or a national, as I would like to trade up another couple of times before finally cashing in.
"THE Indian Oil Corporation, India's largest oil firm, has had its beady eye focused on Aidan Heavey's Tullow Oil for quite a while now...
With oil stocks heading towards the much anticipated "tipping point" - where newly discovered reserves aren't going to cover anticipated demand, the oil sector could be primed for some frenzied asset-grabbing. Along with Cairn Energy and Finian O'Sullivan's Burren Energy, Tullow now seems a shoo-in to be approached with a big fat cheque."
FWTW. Not convinced myself, but then when there is smoke, there .... etc.
panja
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held