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
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 176400 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 650 | 1 |
View Market Depth
| Last trade - 09.40am 14/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |
Day chart unavailable