As we have had no news on TO I started to think outside the square!
What If Macquarie bought Mereenee because CTP as we all know is short of money in the immediate future so couldn't purchase it themselves. Can anyone see a scenario where big mac could be holding the other part of Mereenee effectively in trust for Central until the pipeline is completed at which time it would be transferred back to CTP in exchange for something of value to big mac?.
I have never been involved in a takeover or SOA before but I can't help thinking it odd to start a TO 6 weeks prior to christmas when so many companies don't get back to work until mid Jan which could draw out the process significantly.
Maybe I am way off course but I wondered if anyone could suggest other idea's including any PART of our acreage which big mac could want which would fit into their aspirations.
Ally
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