1) WPL put out their announcement before open. I'm surprised they didn't warn FAR (their JV partner).
2) WPL has a MC of $23Bn (and the deal is worth $430m). Still material but FAR is currently pretty much valued entirely on its stake in Senegal so that transaction is much more significant to FAR.
Good to see the back of COP! Big plus in my book. Obviously, there is a lot going on (good things) that we don't know about. Unfortunately, it appears that there was a lot going on that FAR didn't know about either.
50m shares traded so far and SP 7.4c
In a short time we will be happy and ready to dance the fandango with gay abandon once more.
Never a dull moment here....
Trading Halt, page-110
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10069 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
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| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |