My thoughts to share:
Reason for "merger" (or takeover):
1) long life (20+ yrs) reserves
2) no debt + new loan approved
Potential bidders:
1) Beach energy? unlikely as it did not go to a trading halt
2) someone from overseas eyeing AWE asset - more likely
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- ASX - By Stock
- takeover!
My thoughts to share:Reason for "merger" (or takeover):1) long...
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Mark Waller, MD
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