Prognosis from my point of view. BCP's objective is to acquire...

Prognosis from my point of view.
BCP's objective is to acquire physical oil at cost of production. To do this, they must acquire 100%, otherwise they would have to buy their allocation at market.

Next course of action

BCP now have the option of mopping up a max of 3% of remaining shares over every 6 months. They may approach recalcitrant long-term holder(s) and make them an offer they can't refuse. This will facilitate their exit (can't stick around this bourse - they don't like the 3% creep rule or probably many of our others like disadvantaging minority s.h. rule)

They will then carry off the last few remaining hardliners to the Thaiger Shark's feeding grounds.

I am now sitting on my deckchair on the headland of FIDO Bay and the waters are now dead calm. But there is a rumour in the dreamtime that now the the Thaiger had feasted on the DOG he may get an appetite of OTTERS. I have told them they must be really dreaming - a dog in the water is a sitting target, well.... an otter is just about the hardest.