FAR 0.00% 49.0¢ far limited

Ann: Quarterly Activities and Cashflow, page-25

  1. 2,978 Posts.
    lightbulb Created with Sketch. 2703
    Hmmmm. Cath’s commentary is pretty desperate, isn’t it. The best it offers is that we are marginally ahead of our forecast cash position. As for sell down or partial sell down of SNE, I repeat, who on earth will buy it? And for what price? Yes, oil companies will look through the current downturn to a more realistic mid-term oil price, but they will also see in FAR a highly distressed seller. We have been desperately unlucky, yes, but misfortune does not alter our predicament.

    OOO
 
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