Paris123456 I would like to apologise as I mis read what you were saying. Paris what price would you think the credit raising should of been. The reason I ask is I thought at 0.085 was reasonable. If I was to take part in the credit raising I would want a discount knowing it was going to dilute the holdings by 16% and that's the discount I would want 16%. To say future returns are diminishing I don't agree I think returns will be greater. What would have happened if far done a CR at 10 cents would they got the money they wanted? Not sure they would. I now there is a lot of what if but far can't run like that. This CR has put far in a position of strength and it's only a matter of time that its value will be recognised in the share price.
A new optimism, page-49
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |