WPL as numerous problems of their own they simply can’t do another bid for OSH after their failure in 2015.
Orgin wouldn’t do it for starters they don’t have the money to bid higher than even $4.25 and wokeness is fowling them everywhere they go. Institutions want them transitioning to renewables not more towards fossil fuels.
As for BPT there’s higher chance OSH buys them out. Lol
Among ASX energy companies only Santos is well positioned for taking over OSH, competitors can only come from overseas maybe Exxon or Total Energy.
OSH Price at posting:
$3.90 Sentiment: None Disclosure: Held