re: Ann: New Senior Debt Facility and Market ... It appears that...

re: Ann: New Senior Debt Facility and Market ... It appears that Director Tony Wales must believe there is value in sticking with FFF - that is a positive.

Alternatively CBA may have had enough and Tony needed to protect his not insignificant current investment by taking CBA out of the picture. Under the new arrangment it looks like FFF will need to continue to meet annual interest of around $4.5M to 5.0M. In my opinion it still urgently needs new capital.

Looking from the outside , the company seems to have suffered in recent years by being run a bit like a "boy's club" for the benefit of a select group of shareholders to the detriment of small shareholders.

As a shareholder I would like to have seen a "new broom" owner sweep through the company, and it now looks like we will just get more of what we have had in the past - basically a business in stagnation.

I still believe FFF has potential, however, as things drag on it becomes harder to keep the faith.

Just my humble opinion and what would I know.

DYOR as I am not a licensed investment advisor.