Good comment Gasbag - I agree antirely.
Former CEO ofWoodside stated publically that his greatest achievement at Woodside was keeping the company out of the CSG circus.
I believe that environmental concerns ar ewell founded and expect scale back in CSG projections.
Logically Shale Gas suppliers like DLS and PBT are are great source of alternative supplies.
Santos is fundamentally too arrogant abnd stupid to swoop on Beach.
Origin has an over valued share price and a smart and ambitious CEo, so a bid from Origin is a real possibility in my view.
However, anyone who thinks that Reg Nelson is sitting back waiting to roll over is dead wrong.
Reg baby knows the tightness of the domestic market. Heknows who has their private parts in a vice and he knows what he is sitting on.
Beach will almost certainly doe a deal with the Japs - they are smart, polite, rich and reasonable.
HAng on to your shares because Reg will pull a deal out of his back pocket and shock th epretenders.
IMO Reg is several streets ahead of the game.
Hang onto your shares as they remain undervalued.
Cheers,
DDD
P.S DYOR
Good comment Gasbag - I agree antirely.Former CEO ofWoodside...
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