BPT 0.59% $1.26 beach energy limited

unstuck, page-12

  1. 445 Posts.
    Hi Autosime, $50pboe suits me just fine as I have a lot of money sitting on BPT. But...

    - How did you arrive at a 43% premium to market price?
    - Accepting your est. $50pboe, the addn. total revenue is $15 x 26.1M = $391M, or addn. $26M p.a.

    Calculating the igv of the shale gas may be premature at this point. A few years ago, John Heugh of CTP sold a similar line to many investors, and maybe to a few brokers as well. They're still waiting and waiting. So, I'd rather be pleasantly surprised than have my hopes cruelly dashed.
 
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