FAR's move is like the corporate version of the "cock-block".
Nobody knows what the arbitrators will decide. But we do know that:
1 - it will take a while for arbitration to conclude anything
2 - this all is a massive hassle for WPL
3 - FAR have nothing to lose (except $1m in arbitration costs, which is insignificant in the context of what's happening)
4 - FAR have a lot to potentially gain
Logically it's a good move by FAR and given the $ involved I think it's very justifiable and much easier for WPL to takeover FAR based on the above knowns.
FAR's move is like the corporate version of the "cock-block"....
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $42.04M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 47.0¢ | 45.0¢ | $55.33K | 120.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 93662 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 27296 | 3 |
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| Last trade - 11.33am 12/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |