aquamale28: I believe that is was earlier in this week, that the TOPIC of having a war-chest was being discussed here on the FAR thread and I did state then (this I DO remember!) that for instance I could foresee 500 mio extra shares at 10c bringing about the necessary 50mio. war-chest.
Now, the issue is a bit smaller but at a 10% higher pricing - I was NOT so completely wrong....
AND, personally, I am PLEASED that FAR has done this (or seemingly is doing this now) in order to be able to negotiate from a position of STRENGTH....
But some posters did NOT like my post at that time.
Of course, it does DILUTE holders of FAR a bit - but I can live with that. We can still buy on the market again once FAR starts trading again.
All the best to all FAR longs and enjoy the weekend ahead.
wasa
Cash is King, page-2
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |