It was only a couple of years ago that SXY was in the midst of a friendly takeover. This was when the oil price was much higher than it is now. I still think given the past consolidation of CSG players like Arrow, Sunshine, Pure Energy, QGC there is the possibility of this occuring
http://www.theaustralian.com.au/bus...e-over-rejection/story-e6frg9df-1226784435323
SXY Cooper Basin consolidation, page-48
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