The presentation by the Board at the AGM talks about future...

The presentation by the Board at the AGM talks about future acquisition of producing fields and targets appropriate for the KAR.
I am surprised that KAR has not been gobbled up by say a Woodside where the acquisition cost would be minor. WPC could make a bid say based on 13 KAR shares for every 1 WPC. That would mean the issue of about 18,500,000 WPC shares and value KAP shares at about $2.50 each. ( $1.45 of which is cash money).
The positive for say a WPC is that there is significant dissention among shareholders such that it is possible to grab 20% almost on the spot.
For KAR shareholders there is no waiting by moving to say a WPC. Dividends flow and the possible bounty from projects like say a Wheatstone offers much blue sky.
It is of interest to me that none of the predator brokers and or investment bankers have targeted KAR given the shareholder dissent.