At some point OSH will be bought out above $10. That stupid Woodside bid highlighted the fact that it was the ONLY company worth buying.
I know WPL looked at ORG and STO and thought they were sh!t based on their prospects and balance sheets (namely debt positions).
This is about the only oil and gas company listed in Oz that has played it smart over the last tumultuous period with the oil price.
Looking forward PNG will be dominated by TOTAL and EXXON and their LNG plants.
Big multi-nationals don't need smaller independents having their noses in their business.
Its just a matter of time.
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