thanks for all feedback so far, it seems at least an additional 2-3% of owners would support this wind-up/capital return agenda for the company.
Note the Australian has picked up the story. https://www.theaustralian.com.au/business/mining-energy/west-african-oil-and-gas-explorer-far-limited-faces-investor-backlash/news-story/b5236a3c55d896b61683345d5fcbbcea
I still have not heard from the company...
keep in mind that simply 25% votes against the remuneration policy at the next AGM - almost guaranteed at this point - will prompt a board spill vote under the 'two strike rule' (given last year they had a 'first strike' against the remuneration policy). in my mind this seems incredibly likely now.
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- An Open Letter to the Board of FAR limited
An Open Letter to the Board of FAR limited, page-2
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Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 49.0¢ | $10.77K | 21.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14178 | 49.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 14178 | 0.490 |
2 | 30000 | 0.485 |
4 | 87930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
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