SEA, was cash positive December quarter, US$8m.
Acquisition is going to increase annual production by around 2.5 times in 2019, with EBITDA of US$250m.
The billionaire fund TGA is buying SEA, another subholder, increased their holding as well.
The upcoming CR is also pre-committed.
The four director buy notices.
I think this one is no brainer.
SEA
Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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