I would have said excellent track record, myself. Sticking to their principal and not paying one cent above the odds. Where companies fall apart is when CEOs lead them into a bidding war to get assets.
If Senegal fails, there will always be another bargain to come. It could even be a firesale to pick up the assets if FAR can't service the debt of taking on too much.
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Ann: Proposed sale of ConocoPhillips interest in Senegal,WPL-FAR.AX, page-60
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6 | 4762 | 27.270 |
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Price($) | Vol. | No. |
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