For what its worth, my take is that a local kiwi co is making a mischievous raid on PPP in an attempt to influence any potential deal in a take over scenario. At a guess Greymouth Petroleum would have the cash capability to execute such a deal. They have the experience of Mark Dunphy ex Fay Richwhite and Peter Masfen ex Montana to be successful and have a history of aggressive confrontational acquisitions with NZO and others over several years.
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