Finally a plan that has paid off!
AWE sells Sugarloaf USD$190mil + USD$9mil + USD$5.2mil (unused hedging) = AUD$291.5mil
526.7mil shares on issue
imo Fair Value = AUD$0.74 (MC $390mil)
Shorts got badly burnt on this news surprise.
Meanwhile the talking heads saying oil glut, gloom, POO going under $20/bbl, yet the buyer sees value. Starting to believe the money than the talking heads.
- Forums
- ASX - By Stock
- AWE
- Ann: AWE sells US Shale Assets for USD190 million cash (AUD271m)
Ann: AWE sells US Shale Assets for USD190 million cash (AUD271m), page-14
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online