FAR 0.00% 50.5¢ far limited

Ann: Change in substantial holding, page-56

  1. Ya
    6,809 Posts.
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    FARJOY Pty Ltd have their investment rationale by divesting their portfolio on selective companies on the ASX. It's annual reporting time & their name is on several companies in the Top20 list (including FAR) so isn't that hard to research.

    I've just listed some of their holdings below given the speculation going on here about what they r upto.

    - FAR: O&G, 190.1mil, 7.04%
    - NHC: Coal explorer, 15.5mil. 1.87% (second largest holder)
    - IEC: Coal, 25.863mil, 8.13% (3rd largest)
    - NGY: Gas expl, 102.77mil, 24.57% (Largest holder)
    - RUM: Phosphate, 25.808mil, 6.69% (2nd largest holder)
    - BDR:  Gold, 1.85mil, 0.23% (19th)
    - CLV: Healthcare, 25.2mil, 15.26%

    I guess they see an upside in FAR for the current 2 wells drilled offshore Senegal plus Kifaru-1 2b drilled next year onshore Kenya.
 
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