I emailed FAR asking for clarification of Lukoil's 50.1% in the bid. Reply from Elisha Larkin - Company Secretary is ...
" If Lukoil reach 50.1% they will commit to buying 100%, however shareholders are not compelled to sell to them until they reach 90%. They will however have control of the company at 50.1% "
FAR email reply to 50.1% question
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Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.5¢ | $17.83K | 35.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34046 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.57pm 11/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |