FAR 0.50% 49.5¢ far limited

start moving upwards this week $, page-6

  1. 8,527 Posts.
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    Busyboy.

    Good point.

    You are right to challenge my use of the phrase "mug punter", if that phrase is defined as a person who consistently gambles more than they can afford.

    I should have written the word 'unfortunate'. My feeling is that somebody is unfortunate who didn't make every effort to shuffle funds in order take up the new issue - and keep their existing holding.

    Ironically, a mug punter might be somebody who hung on to their existing FAR shares and put new money into the new issue.

    I don't think so, though.

    Time will tell whether I am a mug punter, or not.
 
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