FAR 2.91% 50.0¢ far limited

sp drop, page-4

  1. 208 Posts.
    haha I can't answer that question for you mate.

    But here are the deciding factors:

    Do you think this Euro crisis will go on for much longer?
    What is your risk profile?
    Do you believe the company will obtain a JV before lease expiry?

    In my opinion, now is a very cheap re entry because the speculation around JV will drive the price up when market conditions are a tad better.

    And IF JV comes into fruition then you will most likely 2 - 3 x your investment.

    BUT there is significant risk as well, FAR after all is a speculative play.

    If you're going to lose sleep over putting money into FAR then I would say don't do it. If you can handle risk then it's a good 'educated' punt.

    My thoughts, for what it's worth.
 
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