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Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-159

  1. 2,653 Posts.
    lightbulb Created with Sketch. 2404
    Your point about the $1.5M backed option to acquire 1% highlights that the price here is 1% for $2.2M Aussie or equivalent to $200M market cap, which is actually what I was expecting to happen on Thursday when the announcement hit.

    Hopefully that's where head after the volume clears.
 
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