Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Woodside / BHP Petroleum Merger - Thinking About Flows (Still a Flowback Sell)

Woodside/BHP And the Timing Of The Trade Flows Vs Peers

Woodside Shareholders Approve Deal but Not WPL's Green Credentials; Now People Talk About Flows

If Woodside Buys BHP Petroleum for Scrip, There Will Be Flowback

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/woodside-petroleum-ltd" target="_blank" data-smartkarma-citation="entities:177:1" rel="noopener">Woodside Petroleum (WPL AU)</a> and <a href="https://www.smartkarma.com/entities/bhp-group-ltd" target="_blank" data-smartkarma-citation="entities:147:1" rel="noopener">BHP Group Ltd (BHP AU)</a> proposed a merger between Woodside and BHP Petroleum in August 2021, and signed the deal in November 2021.</li>
<li>It required regulatory approvals (of which it already has some) and Woodside shareholder approval, and the Woodside shares to be received by BHP would be distributed to BHP Shareholders.</li>
<li>Today, Woodside presented the <a href="https://www.asx.com.au/asxpdf/20220408/pdf/457vkgr3tsd00s.pdf" target="_blank" rel="noopener">Explanatory Memorandum</a>, the <a href="https://www.asx.com.au/asxpdf/20220408/pdf/457vkk523x0q8z.pdf" target="_blank" rel="noopener">Independent Expert Report</a> ("fair and reasonable"), and <a href="https://www.asx.com.au/asxpdf/20220408/pdf/457vkbn81yv3cr.pdf" target="_blank" rel="noopener">information about the 19 May AGM vote</a>. This deal could be done 1 June.</li>
</ul>



Woodside Petroleum (WPL AU) and BHP Group Ltd (BHP AU) proposed a merger between Woodside and BHP Petroleum in August 2021, and signed the deal in November 2021.
It required regulatory approvals (of which it already has some) and Woodside shareholder approval, and the Woodside shares to be received by BHP would be distributed to BHP Shareholders.
Today, Woodside presented the Explanatory Memorandum, the Independent Expert Report ("fair and reasonable"), and information about the 19 May AGM vote. This deal could be done 1 June.


Woodside / BHP Petroleum Merger On Tap; Index Impact Minimal but Flowback May Not Be