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1.11%

44.5¢ far limited

The good thing is that we have already budgeted for the drilling...

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kkw

7,122 Posts.

697

28/04/18

08:27

Post #: 32736250
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Originally posted by OFL8777 ↑

Am pretty sure it the same as what happens here in Australia, Liquidator comes in grabs all the assets, makes sure they can be paid first then sells off assets to the highest bidder. The value of the 20% has been set by the Petronas sale.

So if Far and Petronas decide to bid for the 20% we would need to pay our share, ie 10%

The question is do we want more, or are we happy with 40%, its all about risk management and unlike me who has been all in on FAR for the last four years, management may decide to let the scraps go to our Chinese friends in the year of the dog.

Yesterday was fun to watch but we still have a long way to go,

Hoping to have another green week but really expecting the rerating event in the next 12 months

Zip OFL

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The good thing is that we have already budgeted for the drilling of the 20% if we do decide to take it up,
so from that point of view, it's cheap, but I think Erin will try to hang on till Sept.

KKW

FAR Price at posting: 9.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

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(20min delay)
Last 44.5¢		Change -0.005(1.11%)		Mkt cap ! $41.12M

Open	High	Low	Value	Volume
44.5¢	44.5¢	44.5¢	$32.33K	72.65K

Buyers (Bids)

No.	Vol.	Price($)
5	112794	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
44.5¢	317	1

View Market Depth

No.	Vol.	Price($)
2	5011	0.450
1	35000	0.445
5	112794	0.440
3	125551	0.435
2	31704	0.430

Price($)	Vol.	No.
0.445	317	1
0.450	62840	3
0.455	92153	4
0.460	42769	4
0.465	2600	2

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 44.5¢			Change -0.005 ( 1.14 %)
Open	High		Low	Volume
44.5¢	44.5¢		44.5¢	83
Last updated 15.59pm 30/05/2024 ?

FAR (ASX) Chart

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