FAR 0.00% 49.5¢ far limited

Ele, Re " Can I ask (seriously) how you calculated a figure of...

  1. kkw
    7,171 Posts.
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    Ele,

    Re "
    Can I ask (seriously) how you calculated a figure of 22.5cents?
    Do you believe that is the current value of FAR?"

    I just go by what you worked out "the mid teens and 20c range"
    but I also added the cash component. 120 mil divided by the No of shares. After all that's part ofthe asset.

    As for "Do you believe that is the current value of FAR?"
    No, I think it's closer to 32c just based on Senegal alone.

    You might remember in one of my posts, I said that if WPL were to pay 32c (and that's before the ER) to TO FAR and hence get 50% of Senegal, they would still be getting value.

    Cheers

    KKW
 
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