2019 somebody with 9 million shares was the 20th biggest shareholder. In 2020 Mr Baker with 6.5 million shares surfaced as the new 20th biggest shareholder of BLU. I like to read this info, written in the annual reports. What do you think. Did he accept the shares for writting the report or did he get $$ for his analysis of Blu and reinvested the $$ into Blu? Anyway, I really like this commitment.
I assume he is a beliefer in CTP and a beliefer in Blu. With that info you could start to speculate. You could start to think about an option to merge Blu and Ctp to get a new regional gas champion in QL?. But personaly I would prefer the speculative vision that for example the two international heavy weight oil and gas champions who are share holders of Arrow put a billion - or let's make it sounding it somehow cheaper and let's say for 950 million $ - on the table and swallow Blu as a whole at once ASAP. I could imagine that this people are watching Falcon, Empire, Org, Sto for more results in the Beeteloo too, which could increase the value of Blu in the long term whereas the Bowen assets with the planned pipeline could become more and more interesting for the midterm strategies.
https://www.katherinetimes.com.au/s...o-the-beetaloo-the-nations-el-dorado/?cs=1459
