May I add a few potential porkies and ask anyone interested to verify?
- On exercising their right of PE in this JV, FAR is required to pay a $30m goodwill deposit confirming they are proceeding. If they are unable to perform, the $30m is lost. FAR have to date never offered this payment nor has it been requested.
- As an alternative (or secondary) claim in the arbitration filings, "damages" were requested by FAR. The ICC thus has the authority to make a financial award rather than a ruling to wind back the clock which may put the onus on FAR to prove and quantify their loss.
- Cath is openly stating she does not expect WPL to loose their 35% as a result of the arbitration and accordingly FID is not being impacted by the arbitration. I expect FAR will confirm this to anyone who asks.
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- *FAR Price Target Cut 40% to A$0.06/Share by Morgan Stanley
*FAR Price Target Cut 40% to A$0.06/Share by Morgan Stanley, page-189
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Last
44.0¢ |
Change
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Mkt cap ! $40.66M |
Open | High | Low | Value | Volume |
44.5¢ | 45.0¢ | 44.0¢ | $30.11K | 67.84K |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 300668 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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45.5¢ | 1208 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 24772 | 0.440 |
1 | 44485 | 0.435 |
2 | 31704 | 0.430 |
1 | 50000 | 0.425 |
1 | 10000 | 0.420 |
Price($) | Vol. | No. |
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0.455 | 1208 | 1 |
0.460 | 26260 | 3 |
0.465 | 1400 | 1 |
0.475 | 16000 | 1 |
0.480 | 1800 | 1 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.59pm 17/05/2024 ? |
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