FAR 1.53% 49.8¢ far limited

Value with Cash on Hand, page-6

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Had a Quick read of the HY report, key points below.

    ------

    Value for Senegal:

    Assets held for sale: USD 166.045 mil
    Liabilities: 17.399m
    Net value: USD 148.646mil

    (so at 73c exch rate this is apprx AUD 203.6 mil,
    Div by 9979m SOI = 2.04 cents/sh)

    or

    Using Cairn's comparable transaction, its worth USD112.5mil or 1.544c/sh
    Actual sale price might vary materially from valuation adopted by the company (pg 24).

    ----

    Cash on hand: USD 63.24m

    Unpaid cash calls for Jun-July-Aug: USD 28.1515 mil,
    Interest on this default amt is USD 93882
    Cash call for Sept: USD 3.88 mil.

    Amt 2b paid till Nov excluding interest = USD 56.359269 mil

    Hope they get a buyer for 13.67% soon.
 
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49.8¢
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Buyers (Bids)

No. Vol. Price($)
2 26546 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 16813 1
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