FAR TV Live Chat with FAR CEO Catherine Norman, page-32

Thx for producing the recent video blog & for Cath for agreeing to take part in the next

Can you add this to the list of questions to ask Cath,

Why did FAR have to offer a discount to the share price to do a capital raising after oil was discovered at FAN. It was oversubcribed wasn't it. Why weren't the retail investors given a chance to buy these discounted shares?

Up to the point the CR was announced there was recent share price growth & I believe this would have continued. Instead the value of the company that retail investors owned has become further diluted & I feel as a share holder that bought in the company prior to oil was found at FAN that I have not been rewarded adequately for taking the risk that the FAN well was a 'duster'
I feel that if a product is good it sells at a premium, if it is so-so it gets discounted.

I have discussed 2 recent capital raising that were done at a premium to the share price here
http://hotcopper.com.au/threads/ann...ital-raising.2382670/page-60?post_id=14149619
http://hotcopper.com.au/threads/ann...ital-raising.2382670/page-90?post_id=14199235

(I dont want Cath to answer this prior to disclosing to the ASX first) Will future capital raisings be done at a discount to share price & will retail investors be given the chance to invest on the same terms as the institutions or will retail investors be diluted out of the company?