FAR 0.00% 50.5¢ far limited

Ann: Appointment of Chief Financial Officer, page-4

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  1. 2,051 Posts.
    lightbulb Created with Sketch. 889
    Yes, you would think so, normally, but Far is a ground breaking, innovative company in many respects.

    Surely a listed company must have sound legal counsel and advice so that they don't lose drawn out sagas on page1, surely a listed company must have some prudent risk management strategies, surely a listed company shouldn't raise funds for a purpose and then not do it and keep the funds, surely a listed company shouldn't relaese an ASX update that it has secured binding finance when it hasn't, surely a listed company has a duty to communicate transpsparently with with shareholders, etc etc

    Far is now only a shell company, contact out services and save on all corporate overheads.
    They are doing nothing, zilch, no strategy except wait for a payment and they are too tarnished now to recover.
    Wasting 90% of your money is not enough, taking the piss for the final 10%.
 
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