FAR 1.03% 49.0¢ far limited

FAR Chair and MD explain funding/remuneration, page-19

  1. 3,609 Posts.
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    BSP

    As OOO mentioned , the retail do not support the CR`s....probably because we just have so many shares from topping up anyway
    and the finances are no longer there for many of us.

    I shortened one of my posts I wrote a month ago on the same subject to why FAR have and probably will
    bypass us retail when it comes to raising money.....

    23/10/2015 $40m to be raised and the SI needed 7 days to raise their share which was $25m
    4/11/2015 Retail were given 14 days approx. to raise their share $15m

    Sophisticated raised $25m (62.5%) and underwrote $7.9 m(19.75%) total 82.25%
    retail raised 5.5m (13.75%) and shortfall 1.6m(4%) total 17.75%
 
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