I wonder if FAR can use their large equity position in A2 to help resolve the PE situation. Everyone is focused on the stick aspect of the JV agreement, WPL buying into A2 in a sweetheart deal gives Coleman a face saving out and may provide the opportunity for FAR to bump up the Senegal equity by a few points. This way, everyone except the lawyers makes money. (OK, i know they will still make $$, just not as much). Outcome much quicker and we can get on with planning production.
A2(Sama) exploration or Appraisal, page-12
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 47.5¢ | 45.0¢ | $74.80K | 161.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 26333 | 2 |
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| Last trade - 15.58pm 12/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |