I said vote NO ....because it was a peanuts offer....for a world class asset. It is way too low.
As for Force Majeure....
If the government can bailout QANTAS with billions...they can bail out FAR.
With FAR...they will easily get their money back and energy security.
now....at the mere suggestion of a NO vote amongst shareholders....
Remus have now come back in at 2.1c for 100 % of FAR. ( i am not surprised!)The sangomar asset is way undervalued.The NO vote is just sensible.There is just not REmus...or ...Lukoil out there who see a future in oil.
If you don't want to exit Sangomar ...vote NO and you will get more money returned.
A NO vote also means getting 2.1c for FAR.
A yes vote mean 1.6c and losing Sangomar...which is world class.
I am still voting NO.
I ask everyone to vote NO. Send th message to the board. Send it. Sometimes ...you just gotta say f*kkit!
1. It will feel good.
2. We all will get more money.
It really is that simple.
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Open | High | Low | Value | Volume |
49.0¢ | 51.5¢ | 49.0¢ | $148.9K | 293.2K |
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3 | 61999 | 0.485 |
2 | 92553 | 0.470 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
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0.520 | 326386 | 5 |
0.530 | 101005 | 2 |
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