Well how about it....
Rollup rollup.... have I got a deal for you!!!!!!
For the princely sum of say $60m (10% premium on todays close) we could have
$45m back in under a year with the sale of the fluids business already done, and for the addition of $14m an income stream going forward of $70m pa.
Lets recap say $60mil (shares) + $14mil capex for Athena, that $74mil costs.
You get back $45mil sale of Fluids business. Total outlay 74 -45 = $29mil.
So for $29mil we get a gusher giving us $70mil+ pa. Nice little PE. It's more like an EP.
Conclusion....this is a no brainer............
This is a blatant RAMP but totally supported by company figures.
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