Ann: Takeover documents for the merger with Flow , page-9

re: Ann: Takeover documents for the merger wi... On the negative side, this reduces the speculative returns for FAR.
On the positive side, this reduces the speculative loss as FAR diversifies into WA and other countries rather than relying on Senegal where the decree is not a given.

Having lost all my profits and more on paper loss on this share due to the linear and dramatic decline of the share price, I wonder if someone had known this was happending and pumped it down so that the Flow/FAR tie up delivers more value to Flow.

I still can not fathom how a stock like FAR with 32million in cash can plunge from 17c to 2.8c based on failure of a well where they have only had 10% share. Evan's management and role has little to be pleased about and maybe it is better to give someone else a go.


That is my own uninformed, naive and almost certainly ignorant view.