besides all the uncertain aspects of actual merger - the whole move to US has my cage rattled (no matter how hard PC insists he told us it was on the cards 2 years ago)
US dealings - most of the forms/releases are marked "not for distribution outside of US" (yes we can still access them)- most CR/SPP are on a "US resident basis only" - different accounting standards - a possible new CEO with an interesting background - a minority SH group who don't give stuff about BTA pipe-line, an income stream fixed to a sole source (albeit perceived as "secure") - a science team still located in Australia; a whole stack of if/when and buts...........................
The whole thing doesn't "sit well" - period
I can only see one party that profits from the current move - and it is not current retail SH.
Time to wait for "final" version (as if...........) of this and pick the right time to dispose of this.
As I type we are another 5% down - will hit 62 before we know it
Dangle the magic "we're moving to US" carrot - what century is this?? Post war Europe when everyone was convinced everything was bigger better and brighter in US ????
BTA Price at posting:
67.5¢ Sentiment: None Disclosure: Held
