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Cairn - Results and Q&A Transcript, page-41

  1. 2,090 Posts.
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    Really!
    The term PE is well understood on this forum!

    I spelt "arbitrage", and meant arbitrage.

    FOMO is an acronym in widespread use. You can easily google it.

    "but also hold over 2.8m FAR shares".
    Disclosure "Not Held"?

    "FAR as played a very different smart game reserving its rights "
    Agree.

    We are all entitled to an opinion as to the likely outcome.
    Mine is that should arbitration run its full course, there will be a PE reset, provided there isn't corporate action that halts proceedings.
    I did mention that WPL isn't going to go without a fight and they certainly have topped up the war chest.
    I don't see the downside for FAR.
 
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