OG earlier -
"Imo, better for WPL to T/O FAR at bargain price and then do a 33% sell-down at likely to be a much higher market price ... if Lukoil put in the best bid, then WPL write in the contract an agreement that Lukoil stay put at the 33%"
After my assumed WPL T/O of FAR is finalised, imo, WPL could nearly immediately put up 33% for sale, and, imo, probably get a good offer from Lukoil which will be much higher than what WPL will end up paying, imo, for FAR on an equivalent cent per share basis.
Further to my comment about writing 33% limit into the contract, if it can't be written in the contract, the government could apply that condition for their approval of any sale to Lukoil.
Bottom line, imo, from the above, WPL won't get stuck forever on 49% if they don't want to be.
- Forums
- ASX - By Stock
- FAR
- Ann: Lukoil Non-Binding Indicative Proposal
Ann: Lukoil Non-Binding Indicative Proposal, page-191
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $41.12M |
Open | High | Low | Value | Volume |
44.5¢ | 44.5¢ | 44.5¢ | $32.33K | 72.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 112794 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 317 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 112794 | 0.440 |
3 | 125551 | 0.435 |
2 | 31704 | 0.430 |
1 | 50000 | 0.425 |
2 | 36894 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 317 | 1 |
0.450 | 62840 | 3 |
0.455 | 32153 | 2 |
0.460 | 49769 | 5 |
0.465 | 2600 | 2 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
44.5¢ |
  |
Change
-0.005 ( 1.14 %) |
|||
Open | High | Low | Volume | ||
44.5¢ | 44.5¢ | 44.5¢ | 83 | ||
Last updated 15.59pm 30/05/2024 ? |
Featured News
FAR (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin & Ramón Jiménez Serrano, Managing Director & Executive Director
Ryan Parkin & Ramón Jiménez Serrano
Managing Director & Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online