Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

3.03%

51.0¢ far limited

I have wondered all along what a PE would actually mean for FAR....

First 18 Last

Share
Profile

Follow
Tony999

6,090 Posts.

93

02/10/16

13:47

Post #: 19566077
Share

Originally posted by Mr.Hustler ↑

Hi Tony,

Trust your gut feeling.
"The brain uses a combination of logic and emotion when making decisions of any kind. That specific emotion, innate to us as humans, is intuition. We possess the capacity to feel, and thereby the ability to know things without consciously reasoning. The "gut feeling" is real, and we use it all the time."

A lot of us are getting that same intuition / gut feeling but maybe just uncertain about the timing.

Lately, I've been pondering what will happen if we do PE? Will interested parties just buy Senegal and risk another round of PE or just buy us outright?

If the buyer is interested in our other leases and doesn't want to risk PE, they may buy 100% of our shares and FAR become privately owned.

My gut feel is that PE will happen, a major is interested.... But what we are left with as a % at the end is a complete mystery to me.

GLTAH

Expand

I have wondered all along what a PE would actually mean for FAR.
I still think WPL are likely to bid for FAR.
Grabbing 50% of this discovery at the bottom of the oil cycle would be the steal of the century times 2.

FAR Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

HLX

Helix investor makes partial takeover bid, proposing board changes

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

There are more pages in this discussion • 24 more messages in this thread...

First 18 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 51.0¢		Change 0.015(3.03%)		Mkt cap ! $46.66M

Open	High	Low	Value	Volume
50.0¢	51.0¢	50.0¢	$51.64K	102.4K

Buyers (Bids)

No.	Vol.	Price($)
2	75301	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	190806	4

View Market Depth

No.	Vol.	Price($)
2	75315	0.505
1	62764	0.500
4	219438	0.495
1	99999	0.490
2	104597	0.485

Price($)	Vol.	No.
0.510	190821	4
0.515	103300	2
0.520	335203	4
0.525	100000	1
0.530	20000	1

Last trade - 15.30pm 30/08/2024 (20 minute delay)

FAR (ASX) Chart

SPONSORED BY