I'm pretty sure HEN (He Nuclear Limited) is not PXA or a subsidiary. From what I recall yes Barry Dawes et al. created these two companys up, and I still believe Barry Dawes is still a director.
"PXA is a start-up oil junior founded by successful Sydney-based resources financier Mr. Barry Dawes, Managing Director of stockbroking firm, Martin Place Securities. Mr. Dawes is also the co-founder of He Nuclear Limited with Sydney-based lawyer, Mr. Ian Mutton."
Basically 2 separate company's created with the view to leverage off CTP, and sell its interest at a later stage ie. what happened with QGC.
back in and happy, page-20
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