Best chance of a take-over is from Woodside IMO.
They will not want another party in the JV if they wish to sell down equity to manage project risk because the pre-emptive rights will limit the price that they could achieve. Parties will be reluctant to engage in a sale process if they are only going to get pre-empted. A takeover from woodside will also allow them the manage the Gambia field extension to their advantage
Ann: Update on Remus Proposal and Woodside Sale, page-115
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 44.0¢ | $65.95K | 148.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 161579 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 170000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
44.0¢ |
Change
0.000 ( 0.48 %) |
||||
| Open | High | Low | Volume | ||
| 44.0¢ | 44.0¢ | 44.0¢ | 41000 | ||
| Last updated 13.12pm 20/05/2024 ? | |||||
| FAR (ASX) Chart |