FAR 0.00% 50.5¢ far limited

CNE hit hard, page-39

  1. 13,036 Posts.
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    kkw: Excellent and THANKS A LOT for posting this. It is indeed very pleasing to read the following in the article: "According to this announcement, preliminary estimates suggest that the SNE-1 discovery is highly likely to be a commercial discovery."

    As a very, very long-term holder, I am happy to have held onto all my FAR shares when the FAR share-price went up from 4c quite rapidly and above my initial average-in price (a bit above 8c!). But in the meantime, I have added about 25% more FAR shares, in the act paying-up a little bit. However, sophisticated investors recently paid 11c, which is naturally higher than my new average.

    Frankly speaking, I do not believe (correctly or wrongly) that it will make ANY major difference IF one bought at 6c or 8c or 10c or 12c or 14c sometime in the future, when hopefully FAR will be trading much, much higher than now or be taken-over with a really massive premium built-in. Time will tell.

    To me, 2015 will represent an extraordinary year for FAR shareholders.

    Wishing best of luck and the fortitude to hold onto all your shares to all FAR holders - in particular to the long-term ones (quite a few around).

    wasa
 
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