FAR 2.25% 45.5¢ far limited

SPP Ambiguity requires urgent clarification by FAR Management, page-190

  1. 6,501 Posts.
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    Most companies would have tried to provide shareholders with all the information as early as possible to give them time to consider and ask questions if necessary, before making a decision.

    Not this mob though. Leave everything to the 11th hour. They'll give you as little time as possible to consider, so just 'trust us' is the mantra.

    As time passes and we hear nothing, I think the odds of this whole thing falling apart is rapidly rising. Maybe they'll surprise me and land this massively dilutionary, high interest, high uncertainty financing strategy and call it a 'success'. To me, FAR is staring at the least worst options at the moment.
 
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