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0.5¢ eneabba gas limited

Ann: Market Update, Board & Company Changes,UIL-ENB.AX, page-56

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Klue

3,905 Posts.

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13/01/17

21:28

Post #: 21888752
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Originally posted by Jezzy ↑

OK OK... I took SOI from an awesome Webby above, but misread he was posting post placement figures...
So from the company's own ann. 300m on issue before SPP, and 200m to be issued.
Gives 500m total SOI on issue post placement.
Shortfall should be allocated in the next two weeks.
Will be well placed, to tight holders.
then the train will be ready to depart.
today has seen quite a sudden buying interest. And still cheap - MC including the shortfall shares is ~ $4m. with about $1.2m cash (ignoring any costs this quarter). EV just $2.8m @8c. Lots of room for upside still, even before acquisition, especially when u look left on the chart. And especially with a quality dealmaker like BE-W

mikezz said: ↑
Remember, we still coming out of Dec holidays. All hands not yet be back on deck. I must've got lucky with them available and in the office.

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power plant freehold land valued at $750k as well if they decided to sell it, lessens the EV a little.

ENB Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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