FAR CEO sees value -AFR Article, page-28

Once again I sit amongst the corals with my nostrils barely out of the water wondering when 8.4c will finally become the the support and not the resistance zone..

Sometimes it's interesting to get things in perspective , I have shares in Company over here involved in the rag trade , it also operates in Australia...it was founded in 1873 in the gold rush days, still bears the same name although extended by acquisition, was earning from day one, has made many very well off and pays a stellar dividend year after year...my Father owned them for many years as well but despite being around and performing for 145 years it's MC is only $NZ272M almost half that of FAR...Im not sure what the moral of this story is but 13.7% of an oil field owned by a Company with no income or divident obviously has considerably more value than 120+ very profitable clothing stores....

I will not be around to see what FAR's MC will be after 145 years but by then I expect they will be selling electric cars or whatever supersedes them....however one has a feeling we won't be around quite that long....

Cheers Whisky