It's s market relations exercise. (Or piss up in laymens terms)
The SP would have already risen. I reckon FAR mgmt honestly felt the SP would be higher after SNE 2 results were released and that didn't happen. In fact the SP retreated.
So what a better time to push the story after CNE gave their CMD.
I would love to be proven entirely incorrect and CNE release additional bumper news which puts a rocket underneath the SP. however don't you think the people who have been invited have been a right royal pain in the arse to FAR mgmt wanting additional info to substantiate these so called elephants! I think so and no additional info has resulted in a SP decline. FAR mgmt handling it with a smile on their face and realise they need to do something on PR front. All IMHO.
How will FAR fare tomorrow and Tuesday?, page-65
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |