daytrades december 1 morning ..., page-149

  1. 5,258 Posts.
    lightbulb Created with Sketch. 40
    AZZ - how far below cash will this go? Cash is near 50c after taking out convertible note debt, sp still dropping

    Patersons allowed around 12c per share for corporate tax although the company say this will be minimal

    Currently trading at cash after allowing for tax and debt
    although mimimal tax will actually be paid out.

    Patersons also gave a value of 20c for free carry of 110 wells with Petrohawk

    A very good value play here but no guarantees it won't go lower as support at 41c failed
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.