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So Origin ends Waitsia sales process, pursues NewCo IPO of oil...

  1. bullnobear
    22 Posts.
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    06/12/16
    12:59
    Post #: 21137093
    So Origin ends Waitsia sales process, pursues NewCo IPO of oil and gas upstream (ex APLNG) in first half of next year. Says Waitsia stake contributes 30% to NewCo gas reserves. In other words, a key asset for NewCo. Should provide more pricing/value transparency on Waitsia's worth, assuming AWE still involved by then.... I note AWE shares are down, Origin up sharply.


    AWE Price at posting: 63.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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