A week or so later FAR were still claiming it required gov. approval??
If WPL knew all their ducks were lined up there is no way IMO they would " make sure FAR knew ". They would just let FAR walk in to the bear trap.
This is a massive assumption that FAR are not in constant contact with the gov.
I just don't buy that. 8 months after the deal settles they come out with a price sensitive announcement saying they are " participating ".
What had they been doing for the 8 months prior?
Why, if everything is all set are they not operator?
Why the change in language....." development lead " ?
How could FAR possibly block WPL from being operator if they can vote on it?
CNE/WPL have 75%?
Clearly they can't or they would have by now. That begs the question why?
The only reason I can come up with is they don't have gov approval. DB
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $39.73M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 43.0¢ | $266.1K | 610.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57704 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 60000 | 3 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 196207 | ||
| Last updated 11.49am 06/05/2024 ? | |||||
| FAR (ASX) Chart |