HDX hughes drilling limited

Ann: Appendix 4E - Preliminary Final Report , page-2

  1. 176 Posts.
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    NTA 35c
    EPS 7.8c
    NPAT up 23.2%
    Net Debt falling.
    Utilisation maintained and new rigs in work.
    Generally positive outlook.

    Note EPS is FY earnings on current shares outstanding which distorts picture as capital raised in Q3.

    I will read more closely over weekend but first glance looks good to me. Watch next week for any director activity positive/negative.

    Other thoughts?
 
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