I would have to disagree and say the time frame is very very relevant.
There is a huge difference between PE being decided in a few months or potentially in a year or longer.
An early and successful PE result will no doubt improve the share price which has two benefits:
1) shareholders that have been trapped in losses could realise a profit in the near term and move on if they want
2) any future capital raises will be significantly less dilutive
Any delay impacts both of the above, even if you are holding FAR to production then the sooner PE is decided the sooner the shareprice will rise (assuming FAR win) and the less diluted your shareholding will be at production.
As I outlined earlier there are plenty (probably the majority) of ICC cases that had their terms of reference set back in March 2017 still haven't got a result, I am not sure FAR's panel has even been constituted yet, let alone the terms of reference set.
- Forums
- ASX - By Stock
- FAR
- Conocophillips Arbitration update
Conocophillips Arbitration update, page-119
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 88712 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 0.500 |
1 | 89162 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 160000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 88712 | 1 |
0.510 | 100000 | 1 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
0.525 | 118000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |