This is more than coincidence - after years of speculation, reckon BPT finally showing their hand as they are concerned of Dragon Oils play for COE also.
The market should react positively here.
This should speed up Dragon Oils intentions for COE's Tunisian's assets too (and possible takeover and divestment) and bring to a head what will happen to COE in the long term.
BPT and COE - Indonesia strategically aligned with the potential to crack into an African play model
Dragon Oil - Tunisian expansion of assets with potential to expand into Indonesia and grow their international portfolio. They have a few billion in free cash to make a quick play here
potential beach takeover, page-2
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $488.4M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $1.119M | 6.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2220060 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 513801 | 10 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| COE (ASX) Chart |