FAR 0.00% 49.5¢ far limited

So called manipulation, slow going, page-69

  1. 12,999 Posts.
    lightbulb Created with Sketch. 774
    invain: "...., the next CR will see us through to the end of all 6 wells."

    invain/others: How much money will FAR have to raise in this surely upcoming CR to be ABLE to "see us through to the END OF ALL 6 wells"?? (i.e. how many extra new shares at, say, yet again 8cents or possibly a touch higher...)?? Comments (with "guesses"/estimations most welcome!!

    Like invain and Whisky and a few others on this FAR HC board, I do believe that FAR management will NOT be taking undue risks by letting their cash-level run low. IF the CR will be to SI or to a special investing entity does not really matter as long as they will get the necessary funds together. As "invain" did make allusion to, us "ordinary share-holders" will most likely be left out this time (due to low participation on our part last time....). Time will tell.
    BUT, most importantly: I DO prefer a "cashed-up" company when the vultures will start circling around in earnest, which I expect to start to happen this year... That will put FAR management team in a position of strength to negotiate.

    All the aforementioned JIMHO, of course.

    All the best to all FAR holders.

    wasa
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
0.000(0.00%)
Mkt cap ! $45.74M
Open High Low Value Volume
48.5¢ 49.5¢ 48.5¢ $100.5K 203.1K

Buyers (Bids)

No. Vol. Price($)
1 90297 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 3676 2
View Market Depth
Last trade - 12.36pm 29/07/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.