It matters what WPL thought because they sought legal advice on how to avoid the PE rights clause.
You are right it only matters what COP we're selling.
Their Sec filing, prior to settlement, says they were selling their 35% interest...... not the company, the very reason they issued a PE notice which WPL were surprised by.
FAR may have simply asked COP what value they placed on the 35% and COP ignored them.... we don't know what FAR asked.
FAR lodged a dispute inside the 30 PE window to reserve their rights.
They then had 90 days to reach an agreement with COP, but COP ignored them, FAR then initiated arbitration.
We will find out soon who was right and who was wrong.
Its not rubbish Kimbo I have posted the proof straight from Colemans mouth to the forum. Unlike you I provide evidence...... on that score I would like to thank you for the link the other day, I do love it when people prove my point for me.
It matters what WPL thought because they sought legal advice on...
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 49.5¢ | $94.59K | 189.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69438 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 22471 | 1 |
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| Last trade - 15.38pm 29/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |