Buying out FAR at 6.5c would cost WPL about $408M plus admin costs if successful. And they would get all the other Gambian and Kenyan blocks with it. And the PE issue vanishes.
I'm still a bit baffled as to why that move wasn't made years ago. Maybe they were hoping we would fold and they would pick up FAR's 15% for next to nothing.
News: FAR Woodside would consider increasing stake in Senegal oil field - CEO, page-18
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
52.5¢ |
Change
0.035(7.14%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 52.5¢ | 48.0¢ | $154.4K | 308.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5553 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 881 | 1 |
View Market Depth
| Last trade - 14.45pm 27/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |