TAP BHP STO WDS

Perhaps there is no need to sell the gas assets, however that is...

  1. OzAlien
    392 Posts.
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    29/10/14
    19:20
    Post #: 14203077
    Perhaps there is no need to sell the gas assets, however that is definitely the strategy by TAP management.

    An offer of $80m would seal the deal IMHO and could be easily sold as other partners in these permits are seeking an exit strategy.

    Such announcement would see a significant re-rating on the back of first oil flow at Manora.
    BHP Price at posting: $33.78 Sentiment: None Disclosure: Not Held
    STO Price at posting: $12.92 Sentiment: None Disclosure: Not Held
    WPL Price at posting: $39.74 Sentiment: None Disclosure: Not Held
    TAP Price at posting: 61.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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