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
QGC Price at posting:
$3.20 Sentiment: None Disclosure: Not Held