AWE 0.00% 94.0¢ awe limited

Ann: AWE sells US Shale Assets for USD190 million cash (AUD271m), page-9

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  1. 400 Posts.
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    They're booking a profit of approximately $16 million against the sale, that doesn't sound like they bought high and sold low. A profit is a profit is a profit surely, and it seems like a prudent move to take your profit and pay off your debt in uncertain times. The market certainly thinks it's a wise move.
 
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