"As with everyone else I am trying to work out Macquarie's larger gameplan"
based on EN article this morning, Mac want the Amadeus basin all to themselves, they see the Amadeus basin as the building of a gas and other hydrocarbone empite for big Mac.
So, if it is all to them selves they must first remove Santos from the Amadeus Basin, followed by Central. What better way to remove than to buy the Amadeus basin lock, stock and barrel.
Clever clever clever bank, but but but, will central be as clever or will continually be hounded by the bean counter deals that has been since year 2012, what a crying shame.
I note the SP has now settled, look for a move by bank soon I would suggest. Other interests seems not to be unfolding, after all who is willing to go against the might of the mighty gorilla bib Mac, would you?
CTP Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
(20min delay)