There are two big questions investors will want answers to when Woodside CEO Meg O’Neill fronts them to run through the company’s $19 billion deal with BHP.
First, will BHP’s sale of incoming Woodside shares to its investors put Woodside stock in the hands of sellers and create an overhang?
Second, what will it cost Woodside to get out of the Bass Strait? We walk you through how to estimate it.
Elsewhere, we look at how the due diligence will have to run both ways at Western Areas after it confirmed IGO’s interest on Thursday. Also, we examine the two other logical options for Andrew Forrest if his efforts to get the FIRB to block JBS’ bid for Huon fail.
There are two issues Woodside Petroleum faces as chief executive Meg O’Neill fronts investors to run them through the group’s big $19 billion oil and gas buy.
