I thought there would have been more of a reaction from h/c's
..beach has 40% of growler 8 for starters
Reg said at the agm that beach wanted to prove up the western flank before it went head on into pel218 .
Well,pardon the pun ,beach+sxy are now doing this.
I would think SXY is in the same financial/structural
position as was ADE , I reckon they wish to prove up the resources to be taken over as did ADE management.
My thoughts are now , BPT will have a go at SXY , get some money from the growler wells and then onto ICN , now whether an ICN bid will be pre-empted by another takeover bid sooner than later, who knows!!
BPT had better act fast ...they are also a target and need to beef up..
maybe STO ???
AGL is left in the shadows so has to do something !!!
other multinationals ???
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22 | 259221 | 1.460 |
19 | 332105 | 1.455 |
18 | 439397 | 1.450 |
6 | 74878 | 1.445 |
Price($) | Vol. | No. |
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1.470 | 78184 | 20 |
1.475 | 204122 | 31 |
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1.490 | 190577 | 18 |
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