Hi Kfann,
There is a persuasive argument if I ever saw one. You say you may be wrong and I can confirm I am even more likely to be completely wrong.
You make some excellent points in regard to the difficulties now faced by major oil companies in contemplating acquisitions. In some ways I think that placing the crown jewel assets of FAR in a separate company from the more speculative assets may indeed overcome some of those difficulties. The target asset would be freed of some complications, other than the bureaucracy you mention and, of course, an acceptable offer price.
Anyway, I do agree we have a waiting game to endure, with an exciting ride along the way.
Cheers....flight
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31741 | 48.5¢ |
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Price($) | Vol. | No. |
---|---|---|
49.0¢ | 200000 | 1 |
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2 | 14999 | 0.480 |
1 | 10000 | 0.475 |
3 | 107553 | 0.470 |
1 | 50000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 1786 | 1 |
0.500 | 15000 | 1 |
0.510 | 25000 | 1 |
0.520 | 326386 | 5 |
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