AZZ antares energy limited

the problem, page-2

  1. 3,935 Posts.
    The best investment they can make right at the moment is to buy back their own shares. They are available at half price so why look for bargains when they are right in their face.

    If this buyback proceeded in a similar way to, say, where the company had only 100m listed shares left, then those 100m shares would hold the Petrohawk jv worth $50m and the remaining cash of $75m plus the operating structure.

    $1.50 per share?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.