What seems to be causing the most angst is the difference in people's timeframes. You want management to have a long term view of what they are trying to achieve, which does not always match shareholders shorter term needs. I'm sure FAR is not happy with where the SP is right now, (neither am I) but they need to think about long term value over short term reward.
I originally bought in to FAR (at the CR price) following the FAN discovery, on the advice of a mate, hoping to make a quick profit. Then I found HC and started to learn more about what had been found. My timeframe shifted, and has continued to shift. I believe there will be a reward at the end, just need to be patient. Not always easy.
Takeover target, page-50
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75177 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 187769 | 3 |
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| Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |