I for one do not believe the conspiracy theories. What I do believe is what my head is telling me.
I have asked myself, do I really want to stick around for 6 more years to see a drop of oil come out of the ground (maybe) to see a small rise in the share price.
FAR sold off too much of its stake in this field and has become the back seat passenger on a ride we have no idea of the destination of. Every now and then the big boys up front will turn around and demand gas money, but other than that we are an annoyance and nothing more.
And every time the big boys want money, FAR will whip its hand out looking for more money from us. The institutions will plunder and pillage us until there is nothing left and we will be left standing outside a truck stop toilet doing what we can for a dollar!
I do not see anyone taking the time to even bother driving our price down for their own nefarious purposes. Our management team has done that for them. This PE situation is nothing more than a debacle! That they waited until after the period had closed to advise of the rights was a stupid move that now could end in court.
I just think that general people like all of us, including me, have had enough of the stream of BS that has come out of the FAR media centre and want out, hence the low volumes and lowering share price as each one of us hits a new personal low on this woeful share price.
FAR Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
