Buddy, $500m isn't an impulse purchase and just think of the STO...

Buddy, $500m isn't an impulse purchase and just think of the STO decision making process to approve the ESG/PEL238 acquisition. Many heads were involved in this decision.

As any company director knows when it comes to decision making there are the standard questions to ask and be comfortable with the answers:

Does this investment decision conform with our strategy?
Is it in the best interests of all the stakeholders?
What projects or investment opportunities are penalised as a consequecne of using our cash resources and what priority do they have?

..and one question every director asks of him/herself:

In the fullness of time, will my decision here be viewed as etchical, commercial, prudent and after having considered all the known facts?

Sure, it's possible that the decision will be wrong but this isn't a decision they took lightly or acted upon like a kid buying lollies at the checkout counter simply because they were there.

..all's good old fella!