Ann: Results of FAR Limited's $15 million Entitlement Offer, page-78

pj,

I think others in the thread should decide the veracity of my claims and whether you are guilty of points 1-6, you never addressed the most infantile quote of all;


"Under the Offer Management Agreement, FAR has agreed to indemnity (?sic) the Joint Lead Managers (and their respective related bodies corporate and representatives) against any losses they may suffer in connection with the Entitlement Offer"

Not sure about how such losses might be calculated, and I doubt whether any of this is material to the share price, but could this theoretically mean that if they choose to continue to underwrite the issue and then flog them off cheap and incur such loss, then FAR will have to compensate them for it?

bboys - It would seem this has already been addressed in the thread. To be honest, I almost fell off my chair laughing after reading the statement in bold. This is borderline infantile.


Seriously PJ..... You should know a lot better.