AZZ antares energy limited
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In Summary, A$10M in cash + 4.3M Breitburn Shares@ $6.45 =...

  1. Last of the Mohicans
    5,038 Posts.
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    30/01/15
    12:27
    Post #: 14666950
    In Summary,

    A$10M in cash + 4.3M Breitburn Shares@ $6.45 = A$35.5M

    Outstanding Notes = A$47.5M

    NS & BS valued by the market at @ A$45M

    Personally I wouldn't be a buyer even at 15 cents a share, they have no plan B

    LOTM
    AZZ Price at posting: 17.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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