Hot, Went back and checked FB. You are right, "enjoy your...

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kkw

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29/10/16

18:19

Post #: 20224604
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Originally posted by Hotazel ↑

Hi KKW,
Where did you get this: "Have a Relaxing weekend. CN"
That's just not right.. transcript I saw states: "Enjoy your weekend. Cath"...

As for the statements by COP and WPL.. what struck me is that both made it very clear in their announcements as to the full purchase price of the COP BV ( suggesting that there are no other hidden costs factored into the deal):

COP:
"ConocoPhillips (NYSE: COP) today announced it has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in three exploration blocks offshore Senegal. The total sales price of the transaction, which is between the subsidiaries of ConocoPhillips and Australia’s Woodside Petroleum Ltd. (ASX: WPL), was approximately $440 million, including net customary adjustments of approximately $90 million."

WPL:
"Woodside is pleased to announce completion of the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million.

So not sure if anything should be read into that but did find it interesting that they both made sure to make mention that the figures quoted is THE FULL PURCHASE PRICE. The use of these words are destinct from the previous announcements that were ambiguous and which then gave rise to all sorts of speculation. Again... is it now worded in a manner to prevent/avoid the call for further details concerning the transaction, and that the quoted figures are the fixed figures for purpose of PE?... PE clock restarting???

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Hot,

Went back and checked FB. You are right, "enjoy your weekend."
Nonetheless, I don't think she means "enjoy your weekend (whilst you can, Monday is gonna ........)"

If that's the case, "suggesting that there are no other hidden costs factored into the deal" then there should be no problem, finalise those documents so FAR can PE !!! Why the secrecy??

KKW

FAR Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
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Last 52.0¢		Change 0.000(0.00%)		Mkt cap ! $48.05M

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