"so we sell the assets for $83.3M, we are left with a tax obligation to take net sale price probably just above $80M. So they hit the performance rights hurdle by so much as a bee's d*ck. You can't make this stuff up."
Patently obvious that this deal was stitched up prior to release of the terms of performance rights vesting in November, the financial equivalent of shooting fish in a barrel.
Makes it even more disturbing that the identity of the three suitors in Jun23 were a mystery, was Astara one of them?
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Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-73
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