Agree, Stokes is a major issue, but... as above, the 2 wild cards are exploration and the price of oil.
The Australia oil sector is indeed starting to heat up.
A final word for now... Why else would BPT be undertaking such a T/O unless they thought it was the best time to do so, i.e. To their advantage, they know DLS is worth more, especially if the price of oil rises. Hence, the upside still sits with DLS, not BPT.
DLS Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
