So WPL's options if FAR wins;
1. Allow FAR to PE. Lose the license, but get their money back including what they have spent since the "purchase".
2. Have a dummy spit, lose the licence, and don't get any money back (the tally will be around $600m USD so far and rising). That would be a big impact on their near term growth runway, and from memory, the writedown would be roughly equivalent to a full years profit.
You can understand why PC's perceived "noise" is getting a little louder....
AFR Articles, page-200
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Last
51.5¢ |
Change
0.025(5.10%) |
Mkt cap ! $47.59M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 52.5¢ | 48.0¢ | $164.4K | 328.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28930 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 9744 | 1 |
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| Last trade - 15.55pm 27/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |