1000bblpd * A$91.5 * 350= $ 31.8 million revenue
When oil price = A$100/b (most likely)= $35 million revenue
interest income= $5.5 million
Total revenue= $36.8--40 million
net profits= 31.8*0.7= *22.5million (before tax) -8 million tax= $14.5 million + 5.5million * 0.7(after tax)= $18 million
= Roughly 3c EPS.
When Oil price =A$100/b =Roughly 3.3c EPS
I am not surprised to see a 1c-2c div before the half year announcement, suppose oil price steady at above A$90.
good luck
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16.5c cash/share +1000bblpd+1c/share interest , page-29
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