I suspected this would happen, I am almost positive a major announcement of some discription is in the pipe line (lovely pipeline it is), then the SGL board and SGL s/holders may well have a look at the big picture in a combination of both busineses and before we know it the SP of QGC may well be 2 or 3 bucks. Dont they get it?
An if it was not for the QGC bid then I further suspect SGL SP as the c/note date draws nearer maywell be by now in the teens. Instaed it has jumped from 24ish to close to 40 and they are still do get it.
Like I said make it 4 shares of SGL to one QGC.
Interesting times what ever happens.
Dont think Santos etc would not be watching what is happening very closely
QGC
queensland gas company limited
I suspected this would happen, I am almost positive a major...
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