Barry
Why cant Albers hold off the 2nd Call ? my cals, we still have a 26cps on cash equity basis (below) as of 1 Dec
Cue/OIP/AEJ/GGX/MOG/BAS & PTS : 12mil
Cash : 28mil
Total cash equity : 40mil
Shares : 150mil
Price : 40mil / 150mil ~ 26c
26c - Thats not bad in my book, but agree it's definately better to keep back the Div in our account than Oxx and here we have 2 divs total ~14c (10c franked).
I use to say why so silly Mog sold 5% of Artemis for just $7mil ? Albers knows exactly why at that time! I dont.....thats why i get the feeling that something special is happening Cue ? Nah ...... ..Santos could be. If they strike Winchester, i expect they will and take full advantage of all available permits in Oxx.
Am happy to accept my 5 Oxx shares for 1 STO share, will you ?
in specie special dividend., page-23
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