Malcy moves the market in London IMHO but pls DYOR. EOY Calendar...

Malcy moves the market in London IMHO but pls DYOR. EOY Calendar 2016, Malcy came out and gave a buy rec in the bucket list on FAR (ASX), his only ASX stock.

The market of Londoners or whomever follows market either have no DMA on the ASX or do not have a broker on the ASX so it remained largely unnoticed or think Malcy has no idea about ASX stocks and refused to pick some up IMHO but pls DYOR.

I think FAR is getting itself caught up in this spat with WPL in Senegal and that is not good for its resource allocation, management governance, risk and compliance or overall strategy.

In oil and gas, big players always seem to win: see Marathon Oil, Hess, 88E in NASDAQ/NYSE and LSE IMHO. Only places for small players are the ASX and LSE as there seems enough investors to support smaller players going into projects and collecting reserves such as Faroe Petroleum, Tullor, Premier, Ophir, Senex and AWE amongst others.

Thought FAR might be one of those but then this WPL spat seemed to play the Senegalese Government, ex geological engineer President Macky Sall situation all wrong with WPL winning and Peter Coleman may have done it again. Not good but just the way the game is played.