OIP
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0.00% 4.3¢ orion petroleum limited

TPRegardless of who is better to manage OIP ... I'm yet to be...

  1. hardmano
    15,810 Posts.
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    16/10/09
    12:25
    Post #: 5789689
    TP

    Regardless of who is better to manage OIP ... I'm yet to be convinced that the GGX assets add much value. Would OIP even be contemplating a merger with GGX if Morton were not on both board(s) and a major shareholder in GGX? We at OIP get diluted heavily. And any merger should be happening AFTER PEL 6 drilling .... when the OIP share price could be a multiple of current .. its a rip off IMHO.

    H
    OIP Price at posting: 14.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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