Yes its pretty simple for FAR. they just need a little more time for someone to give them $500M dollars or so.
How is FAR credit history and track record of securing and paying debt of this scale in the past? Ans - no previous debt repayment of this nature. They are totally good for it! Trust them.
How strong are the FAR financials - will they convince private equity players to throw them 1.5x their total market cap as cash despite their lack of track record? Ans: What lender isn't going to throw money at FAR with these outstanding numbers?
Given their state of affairs, if FAR somehow pull a $500m "Steven Bradbury" deal off by themselves without massively selling out their existing shareholders I will be mighty impressed with their financial teams negotiation abilities.
Finally what is the advantage of a different partner? Why not go with WPL?
Ann: Proposed sale of ConocoPhillips interest in Senegal,WPL-FAR.AX, page-13
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$25.84 |
Change
-0.130(0.50%) |
Mkt cap ! $49.06B | |||
| Open | High | Low | Value | Volume |
| $25.77 | $25.84 | $25.64 | $102.6M | 3.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 899 | $25.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.84 | 17599 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WDS (ASX) Chart |