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1.70%

44.8¢ far limited

“Either the arbitration panel says we get the opportunity to...

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greenhawk

762 Posts.

629

05/01/19

17:32

Post #: 37033731
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Originally posted by Mr.Hustler ↑

Grey areas can exist in arbitration victories when a party is claiming something unquantifiable e.g. my business has suffered a billion in damages due to loss of reputation. The Arbitrators may award a win and say 200 million. In this case it was the opportunity to purchase an asset and the tittle of the asset is in dispute. We are not seeking damages but the asset. Either the arbitration panel says we get the opportunity to purchase or not (is my understanding).

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“Either the arbitration panel says we get the opportunity to purchase or not (is my understanding).”

Your understanding is correct, Mr H. Based on what FAR conveyed last year, there are only three outcomes - we lose, we win or there is an interim settlement. If FAR win, they win the right to be PE. If they decide to pre-empt (not a given), they can onsell part or all of the 35% to a partner of choice, subject to customary government approvals.

gh.

FAR Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 44.8¢		Change 0.008(1.70%)		Mkt cap ! $41.35M

Open	High	Low	Value	Volume
45.0¢	45.0¢	44.5¢	$31.52K	70.77K

Buyers (Bids)

No.	Vol.	Price($)
2	459	44.5¢

Sellers (Offers)

Price($)	Vol.	No.
45.0¢	79863	4

View Market Depth

No.	Vol.	Price($)
2	459	0.445
5	77978	0.440
3	125551	0.435
2	31704	0.430
1	50000	0.425

Price($)	Vol.	No.
0.450	79863	4
0.455	51245	2
0.460	46860	4
0.465	2600	2
0.470	3931	2

Last trade - 14.43pm 29/05/2024 (20 minute delay)

FAR (ASX) Chart