LNG liquefied natural gas limited
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Ann: Change in substantial holding, page-22

  1. mbatista
    903 Posts.
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    20/12/19
    22:47
    Post #: 42080370
    1 for 2 at 15c? They would want a discount. Plus an institutional placement of say 200M at 15c would yield @ $75M, enough for 3 years.

    Non participants would end up with unrisked NAV for Magnolia only of @ 50c for Magnolia only. It will be lucky to see $1 again.
    LNG Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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