The deal fell over on 11 September 2009, despite increases in oil price up to that date. Not long ago. So from my perspective, that is probably a reasonable estimate.
However, there was a reserves upgrade in November. If you say $400m instead of $310m, the extra $90m is worth 10 cents a share which is a decent upside.
Ann: December 2009 Quarterly Report , page-35
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $83.26M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $50.38K | 184.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6191 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12524 | 1 |
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| NXS (ASX) Chart |