After all the fear mongering from institutions in regard to...

After all the fear mongering from institutions in regard to “national interest” and regulatory hurdles, I think this is an excellent punt at this point IMO. I bought some today.

It’s obvious that the market has a very low level of confidence regarding the SP valuation at this point. If it’s taken over at 11, then all shorts are wiped out.

In regards to nationa security, the business would not simply be able to tremendously change prices for access. A lot of services of apa are at fixed rolling contract rates.

Could CKI start buying on market right now? If so, I think there will be another offer from a different business shortly.

Also, I reckon Australia needs to indicate that investment is definitely welcome. From a business/economics perspective, one could argue that this business is more of a stable return type business, meaning no significant changes to the cost or pricing structure of the business. I would only argue against this take over IF it affected Aussie jobs. If it’s clear it doesn’t, then this might be a bidding war situation. To me hat equals opportunity.

All IMO and please DYOR

GLTAH