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FAR

2.97%

52.0¢ far limited

Why Far is Undervalued., page-65

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lemmo

210 Posts.

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24/07/17

07:25

Post #: 26033481
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Originally posted by BASE1864 ↑

Haha, bang on mate. I got in around October of 2014 (please don't quote me on the exact date) and this is the same conversation. For four years we have listed to Aqua, Whiskey etc etc extoll the virtues of owning FAR. Back then I bought my first chunk at 12 cents. Here I am, all these years later, all that oil found and less than when I started...

Now there is no doubt they are right. We have a massive resource and so on and so forth, but FAR is not undervalued. It is precisely where everyone (except the holders here) believe it should be. It is the same conversation year after year and if you go back the proof is in the threads. I hold, because maybe one day they will actually get there, but it wasn't the time in 2014 when everyone believed this is it, nor 2015, nor 2016 and quite honestly with almost 5 months left in this year and legal wrangles, I highly doubt it will be this year either.

What amazes me is the constant lack of reality from some people. All the maths in the world won't change the fact that the share price is what it is.

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As you described is my position precisely. I needed to cash in some living money friday. Looked at each of my stock in my portfolio. FAR, Iron ore, uranium, IT, Lithium, and chose FAR with the least chance to increase in early value. Hence I had to choose FAR to draw from..

FAR Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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