Your strategy makes sense LNC-Link.
WPL has $2.4bil in the bank following its capital raising which it said was in part, for Senegal (I read that as potential takeover funds)
Price of Oil is rising so is its share price.
In my opinion, I’m expecting a script and cash takeover from WPL.
It’s board will want certainty before it forks out millions of dollars for development of the SNE field. How does one provide the WPL directors and shareholders with that certainty? In my opinion, make a move on FAR
Please note that above is my opinion only
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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 |
View Market Depth
| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |