FAR 2.02% 48.5¢ far limited

Ann: Trading Halt, page-51

  1. 540 Posts.
    lightbulb Created with Sketch. 116


    1. This cap raise is not squared away by any means, short fall will be a disaster.

    2. You'd have to have 2 weeks market experience not to think this stock is going straight to 4.25 cents maximum.

    The pump to 5.4 cents was to encourage the scalpers. Good luck with that, crappy 1 day price push, the

    Bid volume after the halt is lifted will be about 25 shares between 5.4 and 4,25.

    Everyone will be loaded up at 4.25 cents no one left to buy absolutely no one.

    3. They must have an incredibly strong belief that the arbitration outcome will be negative, why on earth would you

    do a raise at a 5 year and 3 month low at an essentially 20% discount. These facts will be encouraging for the new "cornerstone investors"...not.

    5. This is last minute panic decision making. It's atrocious.

    6. Which brings us back to 1. If I ran an investment committee and was presented this investment with so many clouds overhead and FAR

    management always at logger heads with partners I'd throw it out on first parse.

    7. Since getting it so right with the location, FAR management since has not done one thing right. 1 hit wonders TRAINWRECK !
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
48.5¢
Change
-0.010(2.02%)
Mkt cap ! $44.81M
Open High Low Value Volume
49.0¢ 49.8¢ 48.5¢ $170.0K 347.3K

Buyers (Bids)

No. Vol. Price($)
1 83716 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 25472 2
View Market Depth
Last trade - 16.10pm 09/09/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.