FAR 1.98% 49.5¢ far limited

*FAR Price Target Cut 40% to A$0.06/Share by Morgan Stanley, page-206

  1. 1,910 Posts.
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    DB,
    I didn’t ignore anything. I am well aware of the reasons for the short inflated price and subsequent fall. Take off your Hip Hip Hooray hat and read the thread without being defensive.
    The SP was 5.3c today. Several posters posed the question in the ongoing communication vacuum with Far about what they had actually achieved in the last 12-18months.
    I responded with some factual statements. Do you disagree or dispute any of them? They are simply facts.
    Last year, this time the SP was 13.7c, today it was 5.3c. This is also a fact.

    There have been conversations ad nauseum about some of these activities, whether Far should have drilled another or a different prospect, whether credit raise should have been done at 12c or 5.5c etc etc and there are different viewpoints.
    However the undisputed fact is the SP today and many shareholders are not happy with performance. Others are quite content it seems. I believe management are accountable for company’s financial performance, others believe it was the will of the gods and Far could not have done anything differently to prevent a 5c SP destiny. I thought we had come further than this as a society.

    Regardless, I couldn’t give a toss about the SP was last year, as it’s irrelevant to me as I can’t sell at that now, but well done on hitting those temporary highs, big pat on the back. I’m concerned about today’s price and the future price and continuing uncertainty, lack of communication and risks.

    Do you have any Enron shares? I hear they went really high in the past too, congrats to their management.


 
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Last
49.5¢
Change
-0.010(1.98%)
Mkt cap ! $45.74M
Open High Low Value Volume
49.5¢ 50.5¢ 49.5¢ $94.59K 189.3K

Buyers (Bids)

No. Vol. Price($)
2 69438 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 22471 1
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