Hi fellas,
Few still unhappy I see. You know every time there is a CR we are diluted. No argument here but each investor has the ability to buy on market and if patient at lower price than CR to offset the dilution. If you haven't for whatever reason then that is not managements fault. A small oil explorer like FAR has to raise. Could it have been done better. Probably but hindsight is a wonderful thing.
How about if you didn't cover dilution that you take the Market Cap at present 345M and divide by the amount of shares on issue at the time you bought and see what you get. That is essentially what the price of your shares actually are by not buying to cover dilution if that makes sense. Does in my mind anyway.
SC
I support FAR, page-40
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 82233 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.00pm 27/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |