FAR 2.17% 45.0¢ far limited

SPP Ambiguity requires urgent clarification by FAR Management, page-187

  1. 13,293 Posts.
    lightbulb Created with Sketch. 1234
    Wow, even the so called "genuine" holders must be concerned.
    First they call FID then in an email say its never happened.
    Then they have a claytons SPP which finished yesterday but you wouldn't know.
    Absolute no word on finance and the EGM is tomorrow where holders have to vote on a massive dilution.
    I have been critical of management on how they go about things for awhile now but this episode takes the cake.
    Its a bit like the aftermath of the SAMO drill, management went to ground for 6 months after that disaster.
    Their very best friend forever have decided enough is enough and left them in limbo, just as the rest of the J/V have.
    FAR management are out of the loop it seems.
    Management act like they have something to hide.
    What are they going to tell the EGM tomorrow I wonder.
 
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