RE: "Notice of General Meeting - Falcon Oil & Gas Australia Ltd ACN 132 857 008"10 Dec 2025 07:53
Longknife - Falcon Oil & Gas shareholders receive shares in TBN, Falcon Oil & Gas Australia shareholders receive cash and thus if they don’t reinvest they lose out on any potential upside. Falcon Oil & Gas owns 98.1% of FOGA. This is more of a housekeeping exercise that has to happen and gives an exit to the 1.9% that had basically been in a zombie investment for 15 years. I’m am heartened that the deal now seems to be on track and the share price is rising…