The timing of FID turned out to be a bad one, leaving the JV with no alternative but to lessen the impact of events that followed that decision.
Every Oiler was blindsided by these events so let’s get real and focus on how to manage our way out of this.
My best case scenario is a merger that will result in a stronger bottom line to accomodate the future development costs.
POO is now on the road to recovery and this major shake up will soon present many new opportunities.IMO
News: FAR FAR Says Debt Financing Not Proceeding As Expected, page-140
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.8¢ | 48.5¢ | $170.0K | 347.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83716 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 25472 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |