Has there been any outcome (or indications of one) from the proposed sale of Origins interests in Watsia yet? A few consortiums were interested, but seems to be in limbo & maybe this is why the SP of AWE is even further in limbo? Neighbour (EGO) seems to be similarly suffering despite gas income/contracts and enormous leases in Perth basin. Maybe someone is working prices lower to snaffle the lot? Just my thoughts.
AWE Price at posting:
54.0¢ Sentiment: Buy Disclosure: Not Held