I would argue the Remus offer is worse than the SNE sale deal.
The cash proceeds from the Remus offer are only slightly above the cash proceeds from the SNE sale and that is before you take into account the $50m contingent payment from WPL depending on the POO for the frist few years.
Plussss it assumes no value for the rest of the company (Gambia/GB or FAR's current cash balance).
I would argue the Remus offer is worse than the SNE sale deal....
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Last
43.5¢ |
Change
-0.025(5.43%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 43.5¢ | $466.4K | 1.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48023 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 12465 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
-0.025 ( 2.17 %) |
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| Open | High | Low | Volume | ||
| 46.0¢ | 46.0¢ | 44.0¢ | 269859 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| FAR (ASX) Chart |