Ann: Tim Woodall to join FAR board, page-6

Yes,
Fars little PE escapade, has created the perfect storm for WPL.
PE uncertainty, has dampened the SP and given WPL 1.5 years to build multiple far accounts and seduce big % holders.
This WPL deal is the real deal,and I guarantee they already have an AMI with Cairn for some of their stake when Cairn is ready.
WPL did not go all the way to Africa for 30% & will defend that 30% in a hostile way,we can be sure of that.
The big Far holders are going to be offered a premium, not so sure about the mums and dads.
A fair few long termers would be happy just to get their money back at 12c
Why pay Far 60 mill,to shut down PE,when you can put that 60 mil to hostile use and get control of Fars 13%.?

Kimbo