On the day before the trading halt ANA was valued at AUD $ 12.7 Million (MM), and for the brief time trading was open on the day it halted it was valued at $18.6 MM, with ~$2.1 MM cash/cash equivalents on hand.
STOCK PPS Valuation (in MM)
508,772,127 * .025 = $12.7
508,772,127 * .036 = $18.3
When it opens again for trading, ANA will have about $8.6 MM in cash and an extra 1.3 Billion Shares issued to cover the CR and HRL purchase.
(Note the effect of the dilution)
STOCK PPS Valuation (in MM)
1,808,772,127 * .025 = $45.2
1,808,772,127 * .036 = $65.1
1,808,772,127 * .050 = $90.4
1,808,772,127 * .070 = $126.6
1,808,772,127 * .080 = $144.7
1,808,772,127 * .090 = $162.8
1,808,772,127 * .100 = $180.9
1,808,772,127 * .120 = $217.0
1,808,772,127 * .150 = $271.3
So how much is it worth now with only 2C reserves and not 2P, or, probably more importantly, how much would someone else pay to take ANA over?
From their presentation:
217 BCF of Natural Gas in Phase 1 times (price per unit of Gas LESS COGS per unit), for first gas flow 3.5 years from now, flowing at about 20mmboe/day so it will take years to get the total amount, less NPV of say 5%, discounted by Commercial Chance of Success, discounted by the added CR/dilution in May 2022 and CR again prior to production?
- Forums
- ASX - By Stock
- HHR
- Ann: Acquisition of HRL to Create New UK North Sea Gas Company
HHR
hartshead resources nl
Add to My Watchlist
16.7%
!
0.7¢

Ann: Acquisition of HRL to Create New UK North Sea Gas Company, page-55
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $19.66M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $26.46K | 3.780M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4246166 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 5369232 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4246166 | 0.006 |
32 | 15851140 | 0.005 |
11 | 7330000 | 0.004 |
5 | 5465666 | 0.003 |
4 | 6385000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 5369232 | 9 |
0.009 | 850806 | 3 |
0.010 | 743710 | 4 |
0.015 | 307929 | 2 |
0.026 | 247511 | 1 |
Last trade - 15.22pm 25/04/2025 (20 minute delay) ? |
Featured News
HHR (ASX) Chart |