SEA sundance energy australia limited
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This is an interesting paper from Deloitte. Whether anything in...

  1. cmonaussie
    11,282 Posts.
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    03/05/16
    07:10
    Post #: 17658381
    This is an interesting paper from Deloitte.

    Whether anything in it applies to SEA is for the reader to decide. One large and one small  E&P filed for Ch11 today. UPL was a (large) gas producer so different primary commodity but financials are financials.

    Deloitte-analysis

    Keep in mind the capital structure of SEA with the BB/Term Loan & Accordion feature that their Credit Facility has.

    Options are good.
    SEA Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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