FAR 2.91% 50.0¢ far limited

Share price on relisting, page-89

  1. 1,252 Posts.
    lightbulb Created with Sketch. 460
    Not sure why so much talk about the 80c capital return.

    Anyone thinking that the entitlement date will be prior to suspension date is dreaming.

    If you’re not selling only because of the 80c divvy, that’s ridiculous, the SP is going to drop by 80c on the ex date anyway. Sell 60% of your holdings now if you want some cash.

    Personally, if 80c/share does end up going to shareholders, every cent I receive will be reinvested straight away. This way I will still have the same amount of money invested but will have more shares, meaning a bigger % return when the SP goes up.

    If this doesn’t give $2 (excluding any capital return), prior to drill results, I will be very surprised.
    Last edited by retired2021: 31/07/21
 
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