half year results, page-2

I hold Farsands.
I had a client who held Clifton Corney Group shares (unlisted) and the dividend paid was unbelievable. I investigated it a little further after the takeover and was interested in Farsands and associated entities.

The result was excellent if you ask me and the company should be able to deliver way more then the forecasted 3.5million for the full year. I’m not to concerned about dividends or capital returns at the moment, I think they did a wise thing buying the options. The options were issued to Clifton Corney shareholders for 1cent from memory.

I believe this stock will need to deliver then the share price will move, the stock is not very liquid and so is the market cap is small which will deter most investors.