HDR hardman resources limited

hdr sells eni-agip percentage, page-7

  1. 16,391 Posts.
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    Trender

    I will see if I can post the announcement. The price is excellent and US$100m more than they paid. Looks like they never intended to keep the equity and have done an excellent deal. It is worth more than the US$2.30 per barrel because they won't have to issue more capital so there won't be the dilution of their reserves per share.

    H
 
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