There can be any number of excuses for the SP.
Facts are its been horrid. If I was a long term holder I would be super pissed at this investment. Its basically money tied up for a decade plus with very little option to sell out without incurring huge losses. I can't fathom how long term holders would be happy right now, but at least now there is something to be optimistic about.
10 years and a 50% reduction in SP. If you were to just track an index over that time period, you would be looking at over 30c as a minimum.
Nothing to do with day traders, its simple ROI from any investment.
Is another 5 years needed, at around production before the SP gets much better?
Keeps coming back to the ~10c target for management performance bonus options in 2019
for me as the target, dont forget this was proclaimed in the FAR presentation as an ambitious goal in regards to peers incentives. By 2019 finance will need to be locked in and construction will have started so maybe not too far off the mark of where the SP will be by then.
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Open | High | Low | Value | Volume |
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1 | 20000 | 0.505 |
1 | 20000 | 0.500 |
2 | 32029 | 0.495 |
1 | 38794 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.515 | 258638 | 2 |
0.520 | 383246 | 9 |
0.540 | 451 | 1 |
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