AUK 16.7% 0.4¢ aumake limited.

Ann: Trading Update , page-4

  1. 1,663 Posts.
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    mike

    metrics for this business are all ok.

    debt to ebitda under 1 x , last business purchase was largely funded with equity , and was a nice bolt on.

    hiring 1 rig means can drop 25% of fleet in a downdown pretty easily if required,

    macro still ok, with production operations still requiring on going drilling.

    financing facilities appear well structured , with room to expand if needed.

    small can be beautiful.

    baraka
 
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