OSH 0.00% $4.04 oil search limited

takeover price, page-55

  1. 607 Posts.
    lightbulb Created with Sketch. 27
    All you say is correct which is why osh should accept the bid.

    20% premium to traded price prior to proposal
    All scrip which means you benefit on the oil upside while making 20% now. Have your cake.
    Reject the bid and watch the price plummet 15% imho
    Cash is never a bad thing when you are looking at massive capex for png lng train
    Strength with a behemoth like wpl

    I hold wpl and continue to accumulate.

    Let's use market monopoly in a low cost producing environment to profit. Turn your png gas assets into producing assets rather than just talk. In a distressed o&g market this a gift. Hope they buy sto too.
 
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