Hi All
A point to consider. If one of the majors would like to acquire Far it would only cost them approximately 6 million dollars; 500 000 000 odd shares purchased under 10 cents each. Imagine organise 20 different organisations to purchase under 5 % each so as not to tip the market of. So if I were a major I would do the above, strip and sell of all other assets held by Far on a fire sale to get my money back and some and stroll into Senegal paying nothing for my licence. Imagine paying nothing for 30% for the action when other companies have payed up to a billion for a similar slice of the action. Food for thought, the Quarterly was a JOKE!!!!!!!!!!!
BI
hunting rrrabbits
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |