Even with the Coronavirus impact recently, Brent Crude price is double today what it was in Jan 2016, which is the effective date of Woodside's purchase from COP.
https://www.macrotrends.net/2480/brent-crude-oil-prices-10-year-daily-chart
Whatever some here may think, you have to have respect for Peter Coleman, timed the purchase perfectly & brushed off PE claims correctly as "noise out to the side". Perhaps this is why he remains at the helm of a $30 billion oil company.
Meanwhile as PE decision fades & oil recovers on Chinese economic stimulus, FAR will make the slow crawl back to 4 cents.
Question - is CNE's stake actually for sale at present / data room open?
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Ann: Arbitration Decision, page-307
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