Ann: Trading Halt, page-16

First 16 Last

Share
Profile

Follow
Guerilla

1,322 Posts.

364

05/12/17

10:50

Post #: 29375984
Share

Originally posted by psi81 ↑

I agree about fiduciary duty - but the SXY approach was downright insulting. There is always a risk that a predator will go hostile and a few major holders will sell out just to cut their losses. I don't think that's in the best interest of holders.

We are still in a weird post-GFC world where a lot of resource and energy companies with solid projects just aren't valued properly by the market and can't attract the institutional support or capital. But that can change pretty quickly - COE is a good example of a company that was on the nose for many years until they picked up Sole, and then all of a sudden investors poured in. Waitsia is miles better than Sole - it's onshore, cheap, much larger and much longer life. It doesn't have the gas crisis prices that Sole will have but Sole has been known about for decades and never been developed - it needs these gas prices to work. Waitsia will more than match it for value and it will do it in a low price environment.

This will be enough funding for a BOO model like they said, where somebody else will build the gas plant and operate it. But I actually hope they go it alone with BPT and build it themselves. I think they will need about $150M upfront to do that, net AWE.

Expand

'There is always a risk that a predator will go hostile'

Following the withdrawal of its indicative proposal to acquire 100% of AWE, could this scenario now apply to CERCG ?

DYOR

Last edited by Guerilla: 05/12/17

AWE Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 1 more message in this thread...

First 16 Last

Add AWE (ASX) to my watchlist

Ann: Trading Halt, page-16

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Scientific conference spotlights PYC's work on blindness disease treatment