SXY 0.00% $4.60 senex energy limited

Ann: Improved POSCO proposal and intention to recommend, page-112

  1. 5,175 Posts.
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    Yeah, very good point Ramallah, and I think POSCO said the deal at $4.60 only goes ahead if the $80m spend my SXY shareholders is included. Incredible really, because it means they are getting the company for the value of $4.60 per share MINUS $80 million and MINUS SXY cash on hand - so how much a share does that ACTUALLY work out to be, a rough calculation by me equals about $3.90

    Surat natural gas production increased by 140% this year, and we got 13 cents a share dividend.

    Gw
 
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