"review all strategic alternatives available to the Company which are focussed on preserving shareholder value for the longer term"....
IMO, sell SNE (would Petronas like it?), pocket whatever they can get for it, owe nothing, have sale proceeds plus current $$s of around $100m in the bank, and still own (their share) of the Gambia leases...….and then start again!
Without having the weight of the SNE development calls around its neck, having significant $$s in the bank and still having the potential of one of the world's oil hotspots...also do a share consolidation...and the company could still come out of this with a reasonable future.
dodds
Ann: FAR Update, page-30
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Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $54.14K | 123.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 73120 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 44.5¢ | 149667 | 3 |
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| Last trade - 15.56pm 14/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.0¢ | 44.0¢ | 18510 | ||
| Last updated 15.53pm 14/05/2024 ? | |||||
| FAR (ASX) Chart |