If we are commiserating about our losses (on paper), I am probably up there with one of the highest figures. I was dazzled by the Samo prospects at the time and doubled down in anticipation of significant profits that never eventuated.
Since that, I have shoved my FAR shares in the bottom drawer and tried very hard not to think about what might have been. If the current drill succeeds, I may retrieve some of my paper losses and be able to sell out for a smaller real loss. That's about the best outcome I can see.
In the meantime, I will not be trying to average down because I simply cannot bring myself to add anything to this miserable investment. I have learned a lesson with FAR and I may emerge with smaller losses that I can usefully employ to offset my better profits elsewhere, when it comes to CGT calculation.
Best of luck to all other long term holders of FAR.
time for me to average down, page-31
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10069 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
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| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |