FAS fairstar resources limited
Add to My Watchlist 0.00% ! 0.4¢

.7 cents why?

  1. insidemoney
    3,692 Posts.
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    17/03/14
    13:05
    Post #: 13135684
    failed bids to get finance to start the mine

    expensive excessive debt

    legal issues over failure to pay debt

    no cash

    3Bs being the only way of funding working capital requirements

    excessive management fees/wages

    the auditors report casts doubt about the company being able to continue without successful financing

    shareprice fallen from a high of 4.7 cents in August last year to now 0.7



    FAS Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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