By June 30 NZO will have about 1.7 million barrels of Tapis crude to Singapore for a cash flow of about $NZ130 million dollars.
If NZO continues the 5 cent dividend it will cost [after option conversion] around $NZ38 million dollars with around $NZ300 million in the bank if options converted in June 2007.
If NZO can maintain 10 cents dividend which seems quite reasonable with Kupe on stream in mid 2009 - a yield of 5% for a growth stock gives a $NZ2 target fully diluted.
NZO will have cash pouring out of a package of projects.
price of crude, page-2
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Last
42.0¢ |
Change
0.015(3.70%) |
Mkt cap ! $96.29M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.0¢ | $110.0K | 256.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21245 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 70312 | 1 |
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| Last trade - 12.49pm 29/07/2024 (20 minute delay) ? |
| NZO (ASX) Chart |