The point is FAR will have think long and hard whether to PE if...

The point is FAR will have think long and hard whether to PE if they, in fact, get the opportunity to PE - the chance of which, currently is at best a 50-50% chance. Maybe you should re-read Brightoil's post. I stopped short of mentioning that FAR could retain 5% but that would only happen if FAR sold the 30% massively in excess of acquisition price + spend paid by WPL to date in order to get to a position where "all it's funding issues is gone". You obviously missed this important comment. Remove your rose coloured glasses and start thinking before making irrational statements! No clue - joke. Compared to recent sales, do you think for one moment they'll get an IOC to pay something in the region of $1bil for 30%. That's what it will require to achieve a FAR finance position where "funding issues is gone". Not going to happen. Get into the real world.