Ptolemic, I think, you just helped me to solve the mystery of the october quarter figures.
The $9.165MM has already been paid out in early october - therefore, cash in hand was $76m at the end of october (while cash in hand was officially $85m at the end of september 2014), but they forgot to change the debt facility figure on the quarterly report!
I still do not completely understand your attention on these bloody notes which will anyway expire in June 2016. Mate, they could do anything to pay them out somehow before the deadline...they could even sell some assets etc... New Zealand Oil and Gas (NZO) just bought 20% share of CUE stating: "Cue has a 5 per cent interest in the Maari field in PMP38160, which we view as a quality asset and exposure to it fits our portfolio well." .... just saying...
Low oil price good for HZN?, page-15
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Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
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