most likely suitors for sgl, page-2

My money is on AGL. I mooted this a few months ago and copped some criticism about how involved AGL is. Haven't worked out the numbers but I agree - why fork out 50 odd million for a piece of the action when you can have the lot. (I acknowledge AGL don't OWN any SGL, but they have a BIG foot in the door.)I'm wary about a merger/take-over of either ESG or BUL. I think both are struggling. BUT, watch Chimeara's interest - they own 15% of BUL & 7.5% of SGL. Bab & Brown own 7.5% of SGL. Add B&B and Ch's interests in SGL = 15%. There's a chance SGL and BUL might consolidate and eventually sell-out to a bigger bidder - AGL? Depends on what their agenda is. One of B&B's subsidiaries is my 2nd favourite with QGC a distant 3rd.

Figures above taken from Comsec. The above is not intended as financial advice, merely discussion. DYOR etc.