FAR has shown time and again that they are incapable of snatching victory from the jaws of defeat. Their skill set is rather snatching defeat from the jaws of victory. I have lost a bundle on this dog and their incompetent management. I don’t want to sit around for another couple of years and watch them slowly burn through the cash to the inevitable closure as it will be impossible for them to raise capital without massive further dilution. No the only rational course of action is to instruct the BOD to seek ways to maximise the liquidation value of the assets. At the moment it is trading below intrinsic value so it is incumbent on the BOD (who I will say are there to represent the interests of the Shareholders) to develop a liquidation strategy that maximises shareholder value. If they can’t do that they should be sacked at the next AGM
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Last
46.5¢ |
Change
0.005(1.09%) |
Mkt cap ! $42.97M |
Open | High | Low | Value | Volume |
46.5¢ | 47.0¢ | 46.0¢ | $19.37K | 41.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 116536 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 26726 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 116536 | 0.460 |
2 | 60000 | 0.455 |
4 | 267456 | 0.450 |
1 | 30000 | 0.445 |
2 | 35000 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 26726 | 1 |
0.470 | 77036 | 4 |
0.475 | 6667 | 1 |
0.480 | 1519 | 1 |
0.495 | 25000 | 1 |
Last trade - 15.44pm 17/06/2024 (20 minute delay) ? |
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