FAR 0.00% 44.0¢ far limited

PE will take one year and it will cost $1m.This was emailed to...

  1. 4,719 Posts.
    lightbulb Created with Sketch. 559
    PE will take one year and it will cost $1m.
    This was emailed to me. I remember wondering at the time when the one year clock started ticking though.

    55% COS (later rounded off to 50%) at SAMO

    FAR = Fools And Rogues

    But, spleen venting aside, the damage is done. How best for holders to mitigate their losses?
    Hold and hope for a modest uptick (Corporate activity?) or salvage @ 1.5c and try elsewhere?
    I've opted for the latter (I bailed at 1.4c)

    The AGM should be a spirited affair. I shall be throwing fruit and veg at the TV screen.
    I have no doubt that they will be totally unrepentant and will blame everything on CV.
    Will the top 3 vote No to all three resolutions? That will be very telling.
    How will they mitigate their losses? I think that FJ is in the same boat as retail holders. Not so sure about M or AJ.

    Good luck to you all.

 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
0.000(0.00%)
Mkt cap ! $40.66M
Open High Low Value Volume
44.0¢ 44.5¢ 44.0¢ $93.54K 211.9K

Buyers (Bids)

No. Vol. Price($)
11 203034 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 987 1
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
44.5¢
  Change
0.000 ( 1.14 %)
Open High Low Volume
44.5¢ 44.5¢ 44.0¢ 73024
Last updated 15.23pm 15/05/2024 ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.