FAR 1.23% 40.0¢ far limited

Hi all, Re "I think the issue is the price WPL are paying is...

  1. kkw
    7,049 Posts.
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    Hi all,

    Re "I think the issue is the price WPL are paying is much higher and neither of them want that outed."

    This obviously has got to be the case. What else could it be except the $'s. At the beginning I would have though $3.74/b, based on 330 mil b. But now, it looks it could be even higher than that.

    Initially also, I was thinking that FAR might be taken out, then, someone who knows this sort of situation better than I do, said to me that that it's not likely. FAR with a backer seems to be the way it's going to go, at least it's looking that way ATM.

    FAR looking confident is one thing, but what is the cost of avoiding revelation? And to what extend? I guess it would also depend on what it is or should I say how serious.

    Some one is capping the SP and Shorts is now 90 mil, but a loss (in the case of the SP increasing if there is a TO) would be nothing in the big picture So is a TO still possible, even if it is just to stop any revelation?

    KKW
 
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