FAS 0.00% 0.4¢ fairstar resources limited

fas trading insolvent - avoid buying

  1. 1,617 Posts.
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    FAS directors Pay themselves $350,000 per annum. This latest capital raising is only anticipated to raise $166,600. The only way FAS can get more money is selling assets that they swindled from other investors (remember the failed attempt to takeover GWR).

    I think FAS should be honest with their potential investors and warn them that they are essentially trading insolvent!
 
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Currently unlisted public company.

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