Excellent analysis tt and I’m with you mate, but if Harbour really want to apply pressure on STO wouldn’t a takeover of SXY (at a premium) squeeze the STO supply chain somewhat?
I wouldn’t be surprised if Harbour made a 0.70-0.75 offer on SXY to try and leverage STO, or are we just small fish in the STO supply?
They may go after a number of the smaller players and surround STO’s supply business.
Thoughts?
Dear Harbour Energy, page-2
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