This scenario is a very live possibility imo. This taking on of cop Senegal's possible debt will explain why the headline price offered by WPL was so ridiculously low. Add the issue of the remaining contract for ORA and what this will cost till q2 2017 and things becomes so clear that not all is what it seems.
Imagine if the "side" deal offered by WPL was to absorb the debt and also the costs for the remaining contract for ORA. That would add a huge amount onto the supposedly original purchase price which would be more like what the 35% is worth. Dream scenario for FAR and would see the sp double or more over night. Thanks to the hc team here. Better than inspector gadget. It's all unraveling here for WPL and cop and serves them right.
This scenario is a very live possibility imo. This taking on of...
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49.5¢ |
Change
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Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 49.5¢ | $94.59K | 189.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69438 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 22471 | 1 |
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