Petrosen might also want a piece of FAR to bring their share nearer to 25%
IMO WPL/Petrosen are working close together with FAR now on the outer.
FAR now owe both money by defaulting and its highly unlikely they will let another minnow into this project after all the shenanigans by FAR over the years.
FAR's guru financial team cant even get the half yearly accounts right according to the ASX and that is another blight on managements ability.
So FAR have got 6 weeks to sell their percentage or lose a fair chunk.
It took 6 months for WPL to seal the deal with COP after due diligence and standard deal provisions.
FAR say no offers yet as of 11th September so time is running out fast and if nothing eventuates a low ball CAP raise could be the outcome.
Meanwhile no one can buy or sell FAR stock.
I cant see Meridian pump in millions of dollars to save their investment, good money after bad with this management team in charge.
FARJOY must be ruing their investment as they are down about $40m, not chicken feed.
AG, well they backed the wrong horse.
What a mess.
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Last
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Change
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Mkt cap ! $40.19M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 43.5¢ | $173.0K | 394.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 75664 | 43.5¢ |
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Price($) | Vol. | No. |
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44.5¢ | 15000 | 1 |
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1 | 16598 | 0.435 |
2 | 48608 | 0.430 |
1 | 50000 | 0.425 |
2 | 79261 | 0.420 |
2 | 58724 | 0.415 |
Price($) | Vol. | No. |
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0.450 | 98563 | 7 |
0.460 | 1260 | 1 |
0.475 | 15383 | 1 |
0.480 | 3200 | 2 |
0.495 | 26200 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.10pm 03/05/2024 ? |
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