I think agk sold QGC holding for $6.30 a share
we will be offered $5.10ish
QGC directors will say NO.. price too low
BG will come back at $6.30
shareholder will then think they have a good deal
and will sell
If BG offered $6.30 upfront shareholders would hold out for more???
my guess only
maybe QGC may have a buyback who knows
wait til tuesday
If conoc paid $1.88 for ORG gas reserves
BG are only offering 82 cents..and $5.10
share price then should be $11.69
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queensland gas company limited
price foe takeover, page-14
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