FAR 1.02% 48.5¢ far limited

WOODSIDE PRE-EMPTS SANGOMAR TRANSACTION, page-13

  1. 3,808 Posts.
    lightbulb Created with Sketch. 1107
    Don't you love the language "value accretive reduction". Why not say, "we reckon that as oil prices increase we can sell down some of Cairn's stake and make a killing": Of course, with its balance sheet, WPL can afford to make a play like this.

 
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