Seems to say it all. Macquarie funnelling the biggest net sells on DLS during the period and facilitating net buys on BPT over the same period. Goldmans is assisting with valuations on DLS and their book shows net sells on DLS and net buys on BPT lol The gap has been closed under the cover of the oil rout only to be given back when the bid comes in. Result: net ZERO (or highly minimised) premium paid relative to the last 3 years of trading averages.
Eshmun
DLS Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held