Clement sorry to say this has been discussed at length.
FAR have 3 options
1. Do nothing. Welcome WPL on board.
2. Preempt for their 10%, this is only possible if CNE preempt for their 25%
3. Preempt for the entire 35%
What they do with the % they get from PE is another story.
They could sell some/all, but that is not part of the preempt process
A poster on here who I trust implicitly has basically said that FAR are PE using private equity. I am taking it that its for the full 35% as that poster has said they don't believe CNE will preempt. IMO DYOR DB
Clement sorry to say this has been discussed at length. FAR have...
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 49.5¢ | $14.63K | 29.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49748 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 9861 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |