OPINION

Slugcatcher on merger trouble as share prices tumble

SHAREHOLDERS in Australian oil’s big four, Woodside, Santos, Oil Search and BHP, must be wondering who’s winning from the merger proposals they’ve been asked to consider because as far as Slugcatcher can see no one is.

Slugcatcher
Slugcatcher on merger trouble as share prices tumble

More to the point, if the current situation continues it's easy to see both the Woodside + BHP Petroleum, and the Santos + Oil Search deals, collapsing because investors don't like what's being offered....

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