Aqua ........ The problem for FAR once DOC has been made is finance, Mr Market will hold up investing until management gets this small matter under control.
As I see it finance will have two very significant advantages, one is obviously to convince the market that FAR can play with the big boys and this alone will provide a boost to the SP, but also if/when a TO does occur management will be in a strong position when negotiating knowing that, if the TO is not considered high enough, they can simply turn it down and proceed into production.
Because of this I am very hopeful that The Chef and company have been spending time and effort working out how finance can be raised and that once DOC is announced it will be followed reasonably quickly by a company Ann of the way forward.
HKP
Aqua ........ The problem for FAR once DOC has been made is...
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
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| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |