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
A week or so later FAR were still claiming it required gov....
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.5¢ | $16.57K | 38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173730 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 80574 | 3 |
View Market Depth
| Last trade - 10.03am 02/05/2024 (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¢ | 96350 | ||
| Last updated 14.16pm 02/05/2024 ? | |||||
| FAR (ASX) Chart |