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Good oil

If a holder is in fact entitled to $15000 worth of shares (which has not been stated) they would be entitled to almost 260,000 shares at 5.8 cents.

The original comment by granev was why could he not sell his shares yesterday and then take up the entitlement?

If one were to sell 260,000 shares at 7 cents to fund their entitlement at 5.8 cents they would maintain their position in FAR with a profit of about $3000. Not bad!

The problem with this is that holders do not yet know what their entitlement is, hence the need for caution in your comments. It would not be nice to sell shares thinking you can pick them back up in the SPP if the entitlement is only say a 1:10 ratio.

FAR management should have explained the entitlement of the SPP with their announcement.