Well if everything goes to plan and to that price, SP is worth 2.9c, but every problem reduces the value, potentially to zero. I expect FAR will get off a discounted placement if they need to make that cash call - investors are very aware of the pitfalls of selling at the bottom, and there is value there if survival is guaranteed, and time value ascribed to the project. A problem is that FAR has no say in WPL's timeframes for further exploration and investment.
Does anybody have any well derived opinion on what WPL's likely timing might be, considering force majeure type factors?
Ann: Half Yearly Report and Accounts, page-35
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Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $42.50M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 45.5¢ | $176.1K | 380.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 98595 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 5000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
45.5¢ |
Change
-0.005 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 45.5¢ | 45.5¢ | 675 | ||
| Last updated 11.07am 14/06/2024 ? | |||||
| FAR (ASX) Chart |