I'm not sure why people think FAR would have access to the...

I'm not sure why people think FAR would have access to the specific details of this deal.

CP & FAR at dinner

FAR: So, how's the sale of deep water assets playing out
CP: we are seriously screwed. Getting bent over by everyone. If you do a cap raise, make sure you tell people so they don't overpay for your shares, okay
FAR: Wow. Thanks for letting us know. Now we can cap raise at an appropriate level that requires us to sell more shares for less money, thus diluting our business.

FAR don't get involved. FAR don't want to get involved. Because if they know details and they are material, they have to acknowledge them and act accordingly.

Sure the price dropped, but the oils still there.

They now know that oil in ground in the current environment is worth less than previously, but that's it.

Which I guess means they now will be much more focussed on going all the way as opposed to being taken out.