Regarding PE, I think it would be best that everyone moved on from it. The way it seems to be panning out, it is very hard to see an outcome that is favourable to FAR. My ears pricked at the complexity comment - there could be non- cash or other type of consideration involved in the COP/WPL deal. The PE thing is a distraction.
On the share price, there needs to be a catalyst for a step change e.g. South Fan success could be such a catalyst. Similarly Sama and also Sirius which I think will fall into the 3C basket at best until there is a well in it. I think FAR would want to see wells in these prospects before considering any sale or M&A activity.
Like the focus on FID at present - probably all that they can afford to do at the moment.
Regarding PE, I think it would be best that everyone moved on...
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Last
47.0¢ |
Change
0.015(3.30%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.0¢ | 45.5¢ | $82.32K | 180.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 125569 | 6 |
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| Last trade - 15.47pm 21/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |