FAR 2.00% 49.0¢ far limited

Cool hand Cath, page-24

  1. 6,097 Posts.
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    Putting on my poker hat for a minute, I think Cath has PC's measure.
    I don't think she will announce anything new until late Monday or Tuesday at the earliest.
    That will keep the pressure on PC all weekend and early into next week.
    A well timed photo of Cath laughing with the Senegalese President would work wonders.
    I don't think this thing will play out for 3 months.
    The stakes are too high.
    This is a once in a generation window of opportunity.
    Or to quote Phillip, we are a steal at these prices.
    WPL are a cashed up company with low debt and one foot in the door and are looking for opportunistic acquisitions.
    Throw in massive egos and Pete's your buyer.


    I am assuming WPL will bid for FAR so my thinking is skewed in this direction.
    Cath is likely bluffing but PC can't afford to fold.

    He has to call her bluff by bidding for FAR.
    It could happen at any moment.
 
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