Given how keen Lukoil (Russia) is to get into That part of the oil world, FAR would be a perfect fit for them.
First there is discovered oil ready for production in 2023, then there is the possibility of PEing further WI if they want to pursue along that line, then there is the possibility of Gambia. All this ready for the taking.
So why only 2.2c and no binding deal?
So, FAR is saying in the last announcement, deal up or we'll recommend share holders to take WPL's PE deal.
Considering the extra cash coming in in 2023 and Gambia being retained for another gamble, it's an OK deal.
- Forums
- ASX - By Stock
- FAR
- Ann: Proposals Update and New Shareholder Meeting Date
Ann: Proposals Update and New Shareholder Meeting Date, page-57
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
48.5¢ |
Change
0.010(2.11%) |
Mkt cap ! $44.81M |
Open | High | Low | Value | Volume |
47.0¢ | 48.5¢ | 47.0¢ | $24.68K | 51.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7400 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 75039 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28150 | 0.470 |
3 | 160000 | 0.465 |
1 | 30000 | 0.460 |
3 | 135000 | 0.455 |
6 | 327456 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 11247 | 1 |
0.500 | 21015 | 4 |
0.520 | 25000 | 1 |
0.550 | 12285 | 2 |
0.590 | 5000 | 1 |
Last trade - 15.42pm 25/06/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |