FAR 0.00% 52.0¢ far limited

Ann: SNE North-1 exploration well discovers hydrocarbons, page-55

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  1. 5,071 Posts.
    lightbulb Created with Sketch. 789
    I do have some criticism of FAR.

    Is the news good or not? Some times Cath says fantastic discovery but only 24m. Is that good or bad?
    Also why does the news always come after 4pm and not before? Is it to time with UK opening. Same like why are quarterly's released after close of market. So many small nuisance and annoyance of FAR. I always thought companies release not so good news after 4pm.
    My other gripe is that this company is a cash guzzler...I guess they can just raise more money again from existing pissed off shareholders next year.
    The problem I have with FAR is that everything is so grey, a lot of maybes and shareholders can'tdecide to jump for joy or cry in the back room or drill results which sound positive but has negative impact on share price.
    The company needs to make clear what the exit plan is because it's getting a bit tiring hanging onto an old FARt for so long

    So will share rise or fall tomorrow on this good news

    DYOR I did my research 8 years ago
 
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