FAR 1.02% 49.5¢ far limited

Woodside Petroleum eyes new hub with $US8b Senegal oil project, page-7

  1. 6,062 Posts.
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    I am now wondering if FAR & WPL are closer than we realise.
    Both being Australian companies and all.
    I thought the timing of the performance rights and the very low price target seemed strange at the time.
    You would have to think FAR knew WPL were talking to COP at the time.
    Why else would you grant yourself such generous free options when you knew it would look bad to shareholders.
    Insurance against a low ball TO?
 
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