Not in any way suggesting that Brookside is distressed however it is very interesting that the big sharks are still sniffing about...obviously they still see a future where there's money to be gained...The Macquarie Group note is one that has certainly been quiet and missed in the news...
Pays to keep the eyes, ears and mind open
US Energy Investors Eye Cheap Takeovers As Oil Prices Sink.
'turning distressed U.S. energy companies into takeover targets for opportunistic private investors'
'Australian firm Macquarie Group Ltd. agreed to buy Waypoint out of bankruptcy for roughly $650 million in December'
https://www.oilandgasinvestor.com/us-energy-investors-eyes-cheap-takeovers-oil-prices-sink-1727686#p=full
Keep well cheers Paul
Not in any way suggesting that Brookside is distressed however...
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