Share amount, page-24

Agree with your sentiment.

The fact is, we (the retail shareholders) all want FAR to do well.

And our management to be well rewarded, for providing stewardship to our company and its share price "Growth".

But that is Not happening - we have been diluted and our SP is where we were more than 12 months ago, despite all that has happened!!!

Overall, most of us are holding onto losses or break even situations.

That's why we need to ask serious questions as to whether the "people" we have at the helm, can do the job they have been tasked (of adding shareholder values)!!!

Especially when compared to the example you just presented.

Supposedly, our company holds one of the last remaining large oil fields.

So we should be selling it, at a premium to cornerstone or sophisticated investors.

We should all Note that FARJOY paid a premium for FAR shares, at a much earlier stage, so why shouldn't these new "Large" investors pay a premium, at this later stage?!?

Why did we have to discount from 12 to 8.5 cents, after all that our JV have achieved?!?

Does our management team lacked the skills and abilities to promote our company to "Large" investors?!?

I, like most here, are in the same boat - we invested to make "capital gains" - thus far, we have seen little to none.

They got to do much much better than this!!!


Just my humble opinion.