FAR 5.38% 49.0¢ far limited

re far, page-4

  1. kkw
    7,261 Posts.
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    Hi all,

    To day's trade are definitely not day traders. Looking at the transactions, there are numerous multiples of the same volumes of 1250, 1350, 1450,1550,1700 etc. These are transactions put thru by the BOT.

    This is serious accumulation and for what purpose? I would suggest one of the big players is accumulating for a position in case of a TO or maybe it is planning a TO or maybe there is favourable behind the scene info (not necessarily leaked from FAR but by someone who has access to the negotiation details and that can range from the meeting minute taker to the photo copy office girl).
    Regardless, I think it's good news so early in the game.

    I doubt it'll finish below 10c today seeing that the buying is quite vigorous. Last sale @0.10 and on good volume today.

    My guess, 10.5; and that'll be a good finish for the week.

    KKW
 
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