And I am happy with my post as well hsfinch..
Great that we are both happy.
I am sure CNE see value of the oil in the ground.
And I am sure that if CNE want to give it away, but I am sure they won’t, then FAR happily take it off their hands via an arbitrage deal.
FAR could package it up with some of their own and perhaps WPL’s 35% depending on what the Arbiters have to say.
And I guess at this point FAR doesn’t have to worry about WPL PE’ing since they aren’t officially part of the JV but “participating “.
And as an aside perhaps that is why we haven’t heard from CNE. Who knows!
At this point WPL’s hands are tied, but FAR’s aren’t.
At this point as I understand it, FAR could snaffle up a CNE sell down on behalf of Mr Big Oil.
Yes you really have to wonder who is really under the most pressure.
I am almost sure CNE isn’t to happy about the current situation. Almost guaranteed they aren’t funded?
Oh what a game of poker ?
See what transpires?
Wouldn’t miss any of it for quids.
Need to find another 30k apparently, or at least according to the “street”.
Almost forgot
JIMHO for the slow.
- Forums
- ASX - By Stock
- FAR Equity Raise
And I am happy with my post as well hsfinch..Great that we are...
- There are more pages in this discussion • 121 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
0.015(3.49%) |
Mkt cap ! $41.12M |
Open | High | Low | Value | Volume |
44.0¢ | 44.5¢ | 44.0¢ | $308.3K | 700.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18178 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 37406 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18178 | 0.440 |
1 | 50000 | 0.435 |
4 | 257704 | 0.430 |
1 | 50000 | 0.425 |
2 | 79261 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 37406 | 2 |
0.450 | 138349 | 8 |
0.455 | 1200 | 1 |
0.460 | 1260 | 1 |
0.475 | 15383 | 1 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
44.0¢ |
  |
Change
0.015 ( 1.15 %) |
|||
Open | High | Low | Volume | ||
44.0¢ | 44.0¢ | 44.0¢ | 160506 | ||
Last updated 14.04pm 07/05/2024 ? |
Featured News
FAR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online