Good idea but I think MB would be well aware of LNGL's plight, as would everyone else in the LNG industry. I can't understand why no one else has made a play for these assets.
Although tragic CV-19 is a transitory issue that will be solved relatively soon (within 12 to 18 months). It isn't systemic like the GFC and governments around the world will make a concerted effort to recover from this.
Companies with assets such as Magnolia should be positioning to weather the near term storm and be ready for the rebound. Those left standing in 18months to 2 years will prosper exponentially.
All imo of course but to see LNGL fail with such potential is just unbelievable and criminal.
News: LNG LNG Ltd looks for new partners after takeover bid withdrawn, page-4
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