The point is FAR will have think long and hard whether to PE if they, in fact, get the opportunity to PE - the chance of which, currently is at best a 50-50% chance. Maybe you should re-read Brightoil's post. I stopped short of mentioning that FAR could retain 5% but that would only happen if FAR sold the 30% massively in excess of acquisition price + spend paid by WPL to date in order to get to a position where "all it's funding issues is gone". You obviously missed this important comment. Remove your rose coloured glasses and start thinking before making irrational statements! No clue - joke. Compared to recent sales, do you think for one moment they'll get an IOC to pay something in the region of $1bil for 30%. That's what it will require to achieve a FAR finance position where "funding issues is gone". Not going to happen. Get into the real world.
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18945 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 6324 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2210021 | 0.055 |
9 | 1225766 | 0.054 |
7 | 1010141 | 0.053 |
3 | 1000000 | 0.052 |
3 | 399493 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 289940 | 3 |
0.057 | 361921 | 3 |
0.058 | 501535 | 3 |
0.059 | 360000 | 2 |
0.060 | 422267 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
FAR (ASX) Chart |