BPT 2.76% $1.49 beach energy limited

takeover? how likely?, page-4

  1. 742 Posts.
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    Dear tannedoz et.al.

    Interesting thoughts here. I agree and disagree. BPT now has a cash cow. To that end ...

    1) BPT presents as an easy way to get hold of substantial cash for the aggressor to put some debt to bed. Sp is well and truely on the lean side.

    2) Then again, the cash allows for BPT to acquire. There are plenty of other sold-down low-mid tier oil and gassers

    Mmm interesting. The victim or the aggressor? In macro-global financial stress I am backing none of the above. Rather, a hands under knees approach from all concerned.

    regards

    Capt. Goodvibes

    dscl I hold BPT and oppies. Dont take this as any kind of financial advice. I am just a crusty old washed up surfer.
 
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