WRT dilution & capital raising ...
How would a company in FAR's position normally be expected to manage dilution WRT SP & shareholder value? Clearly driving the SP down would not be a good strategy unless they expected a strong up-turn in SP in the future.
Would a company normally be expected to say something like, we expect X number of dilutions before the shareholder will get a return, and we expect that return to represent a 15% ROI when we reach first oil in 2020?
Otherwise it just seems like they don't know what they are doing and want to make us all bankrupt until the SP is continuously diluted to 1c.
WRT dilution & capital raising ... How would a company in FAR's...
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |