How does that article relate to FAR?
If you are thinking corporate activity... well, let me tell you how the industry values FARs 3 senegal leases currently ....and dont think for a minute Private Equity are some great Santa's... they want an arm and all 3 legs (from my experience!) imo
Now.. here is how smarties 'run the ruler'...
1. Best Case: Look-Thru value vs CNE = A$25/point as previously established = $375m/5b shares = 7.5c
2. Mid Case: WPL transaction level = A$16.5m/point = $247m/5b = 5c
3. Worst Case: Distressed Parcel value (Fire Sale) = A$10m/point = $150m/5b .... 3c
So,,, rampant noise citing 25c, 32c , $1, $7.28 etc is simply not backed by any credible market based benchmarks and is pure fantasy.... happy to hear constructive counters... no dreamers or dummy spitting abusers need apply.
DYOR
M&A in oil patch on the increase, page-2
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
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| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |