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WOODSIDE PRE-EMPTS SANGOMAR TRANSACTION, page-13

  1. jogo
    3,783 Posts.
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    17/08/20
    17:16
    Post #: 46599805
    Don't you love the language "value accretive reduction". Why not say, "we reckon that as oil prices increase we can sell down some of Cairn's stake and make a killing": Of course, with its balance sheet, WPL can afford to make a play like this.

    FAR Price at posting: 1.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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