Management information circular Just skimmed through it. First thoughts -
1. Getting full 0.76 cents ROC
2. The only thing repeatedly mentioned was M&A both for the businesses.
3. There is no business growth plan presented as such. It seems like they plan to sell both the businesses pretty soon.
I was hoping for more specifics around the opportunities beyond Papua LNG in PNG and how the business might evolve in Canada.
At today's valuation, post ROC market is valuing both businesses at $28 mil.
The re-org confirmation itseld did not generate any value.