Hi Debono,
I saw that post and it makes good sense. I was just running a stick along the fence to keep the punters thinking. Mind you, selling China would set up FAR for the US.
Personally, I think ME has taken a conservative approach until the agreement with Hartleys is in place. I can't see that it matters where the option conversion money comes from although certainty will do no harm.
FAR shares are in a bind at the moment as desperate punters are selling into all good news. This will pass. It has no reflection on the underlying value of the company which is more like 25 cents.
FAR will be cashed up and running in a month or so.
canberra poker, page-4
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.5¢ | $97.33K | 190.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26752 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 109917 | 4 |
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| Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |