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AZZ antares energy limited

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Oil - The road to recovery, page-7

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lmmd

106 Posts.

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22/06/16

18:13

Post #: 18096407
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Originally posted by pbawley ↑

Well, I'm in no way saying this will happen, but IF they sold 20K acres at $15,500 per acre my calc is (after 100% conversion of notes), about AUD 88c a share. There are a fair few assumptions, I can post an image of my calc if you want it.

Also, I'm using 20K acres, but not 100% confident of that, leasing running out, etc

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No hope guys. Fringe acres that are expiring. Sorry to be the bearer of bad news.

AZZ Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
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