Spec - out of interest, let's suppose all 3 mutually agreed a merge (!) SXY,BPT,DLS. In what order would you rather be holding pre-merge to increase your value? Or would it all work out equally?
On the other hand, if Beach make hostile move on one of the others, benefiting their SP, would BPT SP take a knock? Would that be different if Seven Group made the move?
End game to the oil rout, page-19
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