average buy price

Out of interest if anyone is prepared to divulge where is your average buy at?

I first bought in 2007 and have like others averaged down to a point where it was no longer viable to participate.

I'm at .69 and I'm buggered if I can touch it again.

A scenario....

1. Total Net Debt is $135M per FY13 accounts
2. Sell 10% of Crux interest for circa $250-300M - we are not going to get a multiple of what we got for the 2%
3. Payout all existing obligations
4. Retain 5% of Crux Interest and redploy capital on alternative prospects/existing interests (ES etc)
5. Keep longtom for cashflow
6. New chairman.

Pie in sky.....we all get excited about these things but bloody announcement is probably about a dilutive capital raising to pay for Sedco.
Either that or a vulture fund that is charging 15% over LIBOR for some working capital.

For all that have suffered I sincerely hope we at least get something or a bid smokes out a few to generate some interest.

Holding cause I have to.

T