LHD lochard energy group plc

sale of partial interest in athena

  1. 76 Posts.
    Picked this up on Proactive Investors and thought I would post it here for those who haven't picked up on this.

    Basically Dyas have sold a 15% interest in Athena for GBP34.5M, and this means that the Zeus 10% is worth around GBP24M.

    Gives a good indication of the worth for a sum of the parts valuation of LHD.

    Here's the link:

    http://www.proactiveinvestors.co.uk/companies/news/40414/trap-oil-to-acquire-15-per-cent-in-athena-field-for-345-mln--40414.html
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.