AZZ 0.00% $7.50 antares energy limited

Way Oversold, page-5

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    So in summary:
    Approx

    Cash $18m
    Breitburn shares worth $42m
    Annualised dividend $5.1m (roughly still takes care of note payments)
    No debt
    Conv Notes $52m

    Market Cap $44m
    EV minus $8m (with $52m Notes paid/purchased)
    Circa 23,000 gross Permian acreage free (Could be worth US$140-230m).
 
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Currently unlisted public company.

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