This youtube was posted on FAR thread around a week ago.
As this youtube explains control of the share price has happened to FAR. Meridian after the shares issued recently will end up with around 30% of FARs asset at a low price, and when added to their existing 15% puts them around 45% of shares on issue.This puts Meridian in a strong position to have a successful takeover of FAR at a low offer price.
Meridian has successfully taken a lot of the value of FAR.
IMO DYOR
News: FAR EXPLAINER-Australian minnow Far battles Woodside over West African oil spoils, page-88
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |