I don't think it means anything. Shell did the math for the price of the company vs the amount of gas in the ground. They did the math and were not going to get into a bidding war.
As for FAR - we have not found anything yet (except a bit of gas in the US). Lets judge how it compares if we find something.
shell pulls out of bidding war for cove energy, page-7
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
51.5¢ |
Change
0.005(0.98%) |
Mkt cap ! $47.59M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.5¢ | 49.5¢ | $18.78K | 37.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17090 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 103865 | 1 |
View Market Depth
| Last trade - 15.57pm 09/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |