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Byron Energy Ltd

ASX:BYE
A$0.054Latest close held · delayed

Past year: ▼ 39%(5.00c – 12.0c AUD)

Market cap
A$58.4m
Shares on issue
1.08bn
In-ground value
A$287m
Risked multiple
2.73×
Story beats
181 since 2006
Last event
17 July 2024

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

18 Mar 2013capital raising announcement● Neutral

Trojan lodges the prospectus for the Byron Energy Pty Ltd acquisition, with a $6.2m entitlement offer and $6.2m placement at $0.40, plus shares and options issued to Byron holders. Formal document for the deal announced 18 March.

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11 May 2011capital raising announcement▲ GoodMajor

Notice of meeting for 15 June 2011: a $0.72 per share payout ($0.5973 capital return plus $0.1227 partly franked dividend), paid 8 July, and a 1-for-4 share consolidation. Delivers the capital return promised in April.

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28 Aug 2009capital raising announcement▲ Good

Ahead of the 31 August meeting, the proposed capital return was raised from $0.28 to $0.33 per share after further asset sales. Shares would trade ex-return from 1 September if approved.

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28 Nov 2006capital raising announcement▲ GoodMajor

Subject to shareholder approval, will raise $16.77 million by placing 13 million shares at $1.29, each with a $1.00 option expiring June 2008. Funds are already held in escrow; shares on issue would reach 42.09 million.

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21 Sept 2006capital raising announcement▲ GoodMajor

Raised $11.7 million from early exercise of 11.7 million June 2008 options at $1.00, allotted 20 September so holders get the 6 cent dividend. Shares on issue rise to 28,353,001; 4,981,000 options remain.

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7 June 2006capital raising announcement▲ GoodMajor

Raised $1.38 million by placing 1,162,000 shares at $1.19 each, with a free option per share (exercisable at $1.00 until 17 June 2008). The cash goes to further investing; the placement had no costs.

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