If this thing ever gets formalised I propose the following:
1. Total Outstanding debt per FY11 is $212MM
2. Sell 12% of Crux interest for circa $450MM (Shell 2, Osaka 10)
3. Payout all existing obligations
4. Retain 5% of Crux Interest and redploy capital on alternative prospects/existing interests (ES etc)
5. New chairman.
Simple yet straightforward. Open to comments and criticisms.
I think we would see a share price greater than 11c
T
If this thing ever gets formalised I propose the following:1....
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $6.303K | 40.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6575 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 21952 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |