FAR 0.97% 52.0¢ far limited

Why are people Buying now?, page-27

  1. 2,989 Posts.
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    Hi Link

    I, too, feel deceived. Believing the primary funding was secured, I shoved my shares in the bottom drawer in the - reasonable, I think - expectation that by 2023 FAR would be trading at a modest earnings multiple based solely on SNE cashflow. I’d also hoped further discoveries and/or appraisals might have further boosted that multiple. Instead, here I am clinging to the same flotsam as the rest of our motley crew.

    The AGM should be interesting. I’m only sorry it’s a virtual meeting, because Board and management should be facing us to explain this ‘committed and binding’ debacle.

    Yes, we were misled. No question. As you know, I have been a solid supporter of management to this point, but calling ‘binding’ when it wasn’t was either incompetent or deceitful - they can take their pick.

    OOO
 
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