DT the 3D seismic is supposed to take 30days to complete and from what i have read it will be completed before the end of December if not sooner.Then one might conclude we will have to wait a few weeks for it to be interpreted by their experts. If these guys can further strengthen their case for a multi TCF sized GP(gas in place) figure one would have to think they will be a juicy acquisition target for both Beach Energy (MC $1.5Billion) and Origin Energy(MC $16Billion) To have one or two majors potentially competing to takeover would be a beautiful thing and given the top 20 hold around 70% and the MD holds 15% of the shares on issue then an suitor will have to come with an offer they can't refuse
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DT the 3D seismic is supposed to take 30days to complete and...
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Open | High | Low | Value | Volume |
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3 | 295873 | 0.105 |
3 | 454409 | 0.100 |
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Price($) | Vol. | No. |
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0.120 | 100000 | 1 |
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