CN has said they are looking at options to raise equity without tapping existing shareholders. I am thinking the most likely is a combination of an equity placement @ DOC (so that funding is in place) of say 10% share issue to a "new"cornerstone investor combined with that investor providing a substantial cash loan paid for by a future off-take agreement (future production oil in lieu of cash premiums and interest payments) - perhaps with convertible notes (potential additional new equity) as a form of security over the offtake maturing in say 2023 where FAR would need to start providing the oil from production or alternately issue equity as payment equivalent to the oil in the offtake agreement. Could be way off the mark here but they have to put something in place prior to DOC or sell.
- Forums
- ASX - By Stock
- FAR
- Todays closeing price
Todays closeing price, page-69
-
-
- There are more pages in this discussion • 7 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
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
48.5¢ | 49.0¢ | 48.5¢ | $20.17K | 41.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18011 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18011 | 0.490 |
2 | 28052 | 0.485 |
4 | 87930 | 0.480 |
3 | 85000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 30000 | 1 |
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 30000 | 1 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online