FAR 2.97% 52.0¢ far limited

Ann: CNOOC acquires 55.55% of Svenska's interest in Guinea Bissau, page-56

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  1. 16,614 Posts.
    lightbulb Created with Sketch. 3993
    If you are calling for the bosses head I'd say hate is a fair representation.
    I have never said they are infallible I have said I don't think the sp is where it is because of management......if I did I wouldn't be here.
    But you missed the point.
    Both CVN and FAR had discoveries around the same time....both saw their sp tank with the oil price.
    CVN then made a discovery with oil prices recovering hence the sp.
    FAR drilled a duster in Samo....hence the sp.
    The fact is Samo is the reason the sp is where it is....is that a management failure?
    Finding new blocks and drilling them I don't see as failure of management personally.

    They would never have gotten a cr away at 12c pre Samo.
    Flawed logic would see someone buying shares when the next sp catalyst is probably a PE decision....which you give zero chance of FAR winning.
    I know you have dodged this question every time I asked it, but what do you think the sp will do if they lose, as you expect them to?
    Go up?


 
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