15th March Rns...7 Apr 2021 21:12
This is taken from the above RNS.
b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate.
Why would Sir Mick have this condition at 78p?
Would he not just acquire shares at such lower price?
So why 78p and how long do we think it could take for that target price to be reached.