FAR 1.02% 49.5¢ far limited

Email from Ian - shorting mystery

  1. 143 Posts.
    Ian's email highlights below:
    - have recently reported what we see as irregularities to the authorities
    - drilling scheduled for January
    - I would not like to be shorting FAR in the coming weeks!

    >>>>
    Hi

    Cath Norman arrived back in Australia yesterday from nearly 2 weeks on the road and we were a bit surprised by this article.

    It is true we don’t believe the shorting in our stock is normal however, shorting is not illegal so apart from finding out where the shorting is coming from and meeting with the shorting party to explain our business and terrific near term upside, there is little we can do about it.

    We keep a close eye on the trading in our stock and have recently reported what we see as irregularities to the authorities.
    To date, we have not had any feedback.

    However with drilling scheduled for January and the fact that FAR is fully funded through this firm drilling program, I would not like to be shorting FAR in the coming weeks!

    Thanks for your concern,

    Ian
 
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