Possibly so given there has been a fair bit of latent investor demand for power generation plays
It is possible to farm out a portion of the 50% stake instead of selling out altogether. Biggest issue I see is the introduction of a 3rd player into the JV which could complicate things down the road, and it will probably need Hancock's approval (introduction of a 3rd party into JV). If they are to sell the full EP469 50% stake with operational control, then it will also be more likely to attract more than one bid even though Hancock will obviously be the fav to win that battle given its deep pockets and owning the other 50%.
618
Ann: Booth-1 result, page-121
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20.0¢ |
Change
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Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1895959 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 157824 | 3 |
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