The miracle I'm referring to would be if FAR managed to secure AUD 500M cash from a lender on the promise to sell a farm in deal with low and uncertain oil price given their market cap and the price WPL paid for it in a competitive auction process.
If they have a deal with a 3rd party to provide funding that is less miraculous but still a credit to management talent.
Even if they fail to pre-empt they have 15% of a nice asset ready for development with JV partners.
Summary Update, page-122
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.8¢ |
Change
0.008(1.53%) |
Mkt cap ! $45.97M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $30.11K | 60.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26546 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 16813 | 1 |
View Market Depth
| Last trade - 15.43pm 05/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |