FAR 2.97% 52.0¢ far limited

Ann: Lukoil Non-Binding Indicative Proposal, page-167

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  1. 6,967 Posts.
    lightbulb Created with Sketch. 1975
    Never underestimate PC & Co.
    So far they have done very well with their acquisitions in Sangomar.
    Much better than CN looked after Far and, or Far's share of Sangomar.

    Having Luke Oil lobbing an unconditional offer 2 days before the SH's meeting, doesn't stop PC & Co pulling a rabbit out of the hat in a similar fashion.
    PC and team are clever chess players and have become used to CN's style of playing.
    CN lost the PE case, we all know why.

    PC does not have to advertise in advance his next move.
    PC and team know the value of Sangomar very well.
    I would say at his stage PC can afford to sit back and look what takes place.
    This is just the beginning of an interesting few days, worthwhile watching how this plays out.
    It depends of course on the amount of time Luke Oil needs to do its DD.
 
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Last
52.0¢
Change
0.015(2.97%)
Mkt cap ! $48.05M
Open High Low Value Volume
50.5¢ 52.0¢ 50.5¢ $17.38K 33.92K

Buyers (Bids)

No. Vol. Price($)
1 10000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 96060 2
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