Ann: Investor Roadshow Presentation, page-65

As I've posted before the share price gap between BPT and DLS has been closed through the trading accounts of the merchant banks under the cover of the oil price/market slide. This gap IMO will be given back in a scrip bid for DLS (not a merger of the two companies) to make the deal palatable for certain DLS shareholders. Take with one hand give with the other. The only small guys to get an immediate benefit from this trick will be those brave enough to be buying at the current depressed levels. The deal will come IMO when the weighted share price averages have run long enough to justify the "new norm" in the relative pricing of the two companies. So possibly 3 months in total or 3 months from the beginning of Sept when the gap closed.

http://hotcopper.com.au/threads/str...2583654/page-53?post_id=15932646#.VgNCUJWhfIU

Could be wrong, but I'm hoping it pans out this way. Also hoping it happens after I buy my last tranche of DLS in a few weeks time.

Eshmun