Hi BB,
I have a difference of opinion with you on this one. I think that PC was serious about OSH, but at a price that would not destroy shareholder value, and I suspect that he may have shown his hand too early. Also, I do not think that he was prepared for the amount of negative feedback that shareholders expressed, hence the reason for no increased offer and pulling the offer.
As Szaba has expressed quite well, an OSH bid would need to be discounted for the PNG sovereign risk, (as would an STO bid). IMO, Oil companies are not feeling enough pain yet to accept fair t/o proposals.
HT1
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$24.40 |
Change
0.250(1.04%) |
Mkt cap ! $46.32B | |||
| Open | High | Low | Value | Volume |
| $24.36 | $24.56 | $24.23 | $114.1M | 4.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15858 | $24.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.46 | 30 | 1 |
View Market Depth
| Last trade - 16.13pm 18/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |