Ann: Capital Return - Notice of General Meeting, page-41

Hi DB
When the stock goes ex entitlement to the capital return the existing orders will be cancelled and the stock theoretically should trade 80 cents lower than where it closed the previous day.

As you would know stocks that go ex dividend don’t always fall by the full amount of the dividend.

I expect we will trade above 50 cents ex capital return due to the drilling in late October / November, the residual cash of USD40m (post drill) and at some point the market will have to factor in the USD55m receivable particularly if oil stays around USD70 per barrel.