FAR 2.02% 48.5¢ far limited

AGM. What do you want to hear?, page-8

  1. 2,986 Posts.
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    Hi H

    Perplexed more so than frustrated. I know Malcy bangs on about the market not yet appreciating the size of the prize - and let's face it, we all assume the prize has some way to grow and there is risk in that - but I just don't get the almost total absence of buyers for FAR. As sniper correctly said, there is no point in speculating about why this should be, so I won't, but one can only imagine our price is where it is because someone(s) have the ability to position it there.

    Not sure I'd blame management though. I reckon they've done a reasonable job of releasing the information they're allowed to release. I dare say, though, that Cath regrets her "share price will look after itself" remark. I for one think it was a reasonable way to deal with the question and I don't think Cath in her wildest dreams would have expected it to be lower a year and three successful appraisal wells on.

    For the record, I'm still confident we will do well out of this investment, but I must admit I've lowered my gun sights a bit.

    OOO
 
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Mkt cap ! $44.81M
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49.0¢ 49.8¢ 48.5¢ $170.0K 347.3K

Buyers (Bids)

No. Vol. Price($)
1 83716 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 25472 2
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