OPINION

A bird in the hand is worth two in the bush

IN a shrinking market, size, certainty, and competent management matter, and that’s why Slugcatcher reckons Oil Search shareholders will vote overwhelmingly to merge with Santos even if an independent expert report reckons they could suffer a loss of value from the deal.

Slugcatcher

A bird in the hand is worth two in the bush

Critics of the transaction, let's be honest and call it a takeover, might not like the terms they will vote on tomorrow (Tuesday, December 7) but deep down they all know that Oil Search had become an accident-prone...

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