re: Ann: Presentation - Excellence in Oil and... my math tells me new bid from LNG taking into account new dilution but adding back in extra cash from rights issue will be approx 53.5cents per share reduced from 65. So we are getting 8.5cents upside assuming the bid goes binding with the bigger upside being, someone else enters the bidding.
pretty much a 20% return with a decent amount of blue sky from 45 cents per share. I have been tucking into a fair fair recently.
Ann: Presentation - Excellence in Oil and Gas Con, page-10
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