origin to takeover sxy for its gas, page-17

Elliot5, that is what I see, a circa 37c open but these bids were put on after the CSPA so I suspect the taster was sent to TheAustralian as soon as the close of the auction. 2morrow might be a very volatile day but I think it is good for ORG obviously having two bidders, SXY (because it needs to use Surat and the reserves to gain some momentum) and I think it is neutral for BPT unless they get their bit for a very small price because SXY underbids. Do not see that eventuating as EIG have skin in the game to get SXY over the line.

Could be great for all of ORG, SXY and BPT if Australian upstream gets a re-rating upwards as I have been expecting for some time.