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26/03/12
00:08
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Picked this up on Proactive Investors and thought I would post it here for those who haven't picked up on this.
Basically Dyas have sold a 15% interest in Athena for GBP34.5M, and this means that the Zeus 10% is worth around GBP24M.
Gives a good indication of the worth for a sum of the parts valuation of LHD.
Here's the link:
http://www.proactiveinvestors.co.uk/companies/news/40414/trap-oil-to-acquire-15-per-cent-in-athena-field-for-345-mln--40414.html
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