FAR 1.04% 48.5¢ far limited

spp, page-3

  1. 4,786 Posts.
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    yep whatsnext, its probably the sensible thing to do, the problem i see with it is; with the normal joe soap Shareholder being entiltled to apply for parcels of up to $15,000 irrespective of wheither you own 1 share or a million+ shares; also only 70 million shares are being offered to us shareholders; there is IMO a huge chance of this being over subscribed,especially if you consider that that 70 million shares is only equal to 3.5% of the FAR shares already in the market.

    If it is over subscribed; it states on that ann (to the normal shareholder)

    The company will issue up to $3 million (70 million shares). To the extent applications are recieved in excess of this amount, applications will be scaled back. If applications are scaled back, each applicant will be treated equally and will be scaled back on a pro rata basis, based on teh number of shares applied for. If there is a scale back, you will recieve less than the parcel of shares which you applied for.

    i was thinking hmmmm i'll sell a parcel now and pick it back up at the 4.3 mark....... i ended up selling a small parcel Just for the Easter week , because IMO it will be over subscribed and hence yoyu would imagine that the parcel that you applied for will end up being a whole lot less.

    I would be very weary about how much one would sell, if you are looking to accumulate over the coming months;
 
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Last
48.5¢
Change
0.005(1.04%)
Mkt cap ! $44.81M
Open High Low Value Volume
48.5¢ 48.5¢ 48.5¢ $10.11K 20.85K

Buyers (Bids)

No. Vol. Price($)
2 99195 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 2000 1
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Last trade - 11.19am 09/08/2024 (20 minute delay) ?
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