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My thoughts to share:Reason for "merger" (or takeover):1) long...

  1. fdmqq
    194 Posts.
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    13/12/13
    14:51
    Post #: 12698692
    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
    AWE Price at posting: $1.19 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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