Please accept my apologies, but I think I'm missing something here as I really don't get why shareholders here are so happy about being constantly diluted into oblivion?
The shareprice has barely recovered from the last raise yet as it languises around 8c and now it's condemned again for at least another year or so at 8c or lower.
Investing over in England is rather different as we invest for capital gain,here, shareholders appear happy to hear some good news and accept being diluted into oblivion as being the norm,capital gain is clearly not on the agenda here.
Personally, I invest only for capital gain,if the companies doing great but the share price is languishing on its lows,like Far,then this to me, as a shareholder, is very bad news,as my sole reason for investing is capital gain.
Far will do fine, so will the brokers,the only losers here are the shareholders.It seems utterly pointless being a shareholder in Far only to be constantly diluted on an industrial scale by the board and reducing ones investment value year on year.
Unfortunately, I am a Far shareholder but I will now seek to exit as the whole set up here seems completely pointless for anyone who is looking for a capital gain,as the 8c share price clearly proves!
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Please accept my apologies, but I think I'm missing something...
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 48.5¢ | $100.7K | 203.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89898 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 2239 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89898 | 0.495 |
2 | 29755 | 0.485 |
4 | 89930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 2239 | 1 |
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 15.47pm 29/07/2024 (20 minute delay) ? |
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