I agree RR, it looks undervalued and has had good rises in the past week.
Tax losses appear to be in the order of $17m to $18m, add that in with the coal seam areas adjoining ESG's,sorry Santos leases, plus the cash and a merge offer from Steve Mitchell's new group and this appears to have put a light under OIP's price. Could be good days ahead!!
if santos/tru energy offer $10m in takeover, page-2
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