No it may not be unique.
Any other Australian oilers out there with gearing and propriertorship ratios of <0.3 and <0.5 respectively selling at under book value and written down to a $70 U.S per barrel assumption. Also with more than $1bn of assets and a strong liquidity position.
If anyone knows of anything and are loading up the truck, once you are done tag me in on the thread. I promise not to post on it to keep my followers away and to return the favour the next time I find myself 100% certain I have identified something selling at 30-50% of its worth with no risk.
I won't post these publicly of course though, but through other means it can be done.
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No it may not be unique. Any other Australian oilers out there...
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