When posting previously i questioned the motivation for Magna to...

When posting previously i questioned the motivation for Magna to look at a takeover.
i had assumed it was the Magna servicing fraccing operations in the States.
Today i saw the name of Dr Michael J Watts on an article of the Magna buy in.
MJW was involved with Cairns energy from about 1995 when the company he was working for was taken over by Cairns
Oex was of course formed by a group of Cairns people including McCarthy
Bhandari who joined the board recently is also an ex Cairns

I can now see clearly a motive for a Magna T/O but still believe it would be unlikely prior to results coming out for the reason that we will have a much better idea whether it was worthwhile before we had to accept.
The "oldboy"network between the 2 companies is significant
Apologies if I mislead anyone with my slopiness