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2.97%

52.0¢ far limited

Woodside AGM, page-156

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Cosmoterios

19,072 Posts.

2666

08/05/19

17:20

Post #: 38472619
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Originally posted by Bishkek2017: ↑

FAR was NOT entitled to buy the Furniture Company.

FAR did not want to buy the Furniture Company. They just wanted to buy Conoco's 35% of SNE and surrounding permits as is their PE right according to the JOA that all have signed.

Conoco only needed to give FAR a specific price for that 35% , completely separated from the rest of the company assets and/or liabilities they were selling to Woodside.
If they had done that, there would be no arbitration.

The way Conoco should have done the deal to avoid the pre-emptive rights witin the JOA , would have been to sell shares (49%of the company) in COP Senegal BV to Woodside , that well may have not constituted a Change of Control to Conoco's 35% according to certain jurisdictions of law.

You may want to read up a bit more Cosmoterios as it certainly appears you don't know what you are talking about and may be the one who is confused.

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Do you guys even read the Press Releases from FAR on the Purchase Price?

Go back and read them - its around USD $2.20 per barrel or about AUD $3 per barrel.

Why do you guys even bother when you don't even read them?!?

FAR Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 52.0¢		Change 0.015(2.97%)		Mkt cap ! $48.05M

Open	High	Low	Value	Volume
50.5¢	52.0¢	50.5¢	$17.38K	33.92K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	51.5¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	96060	2

View Market Depth

No.	Vol.	Price($)
1	46081	0.505
2	70000	0.500
4	83693	0.495
1	5000	0.490
2	92553	0.470

Price($)	Vol.	No.
0.520	96060	2
0.525	19005	2
0.530	1005	1
0.550	27285	2
0.555	10000	1

Last trade - 14.33pm 18/10/2024 (20 minute delay)

FAR (ASX) Chart