FAR 0.99% 51.0¢ far limited

Today's the Day to buy a bargain, page-66

  1. 2,059 Posts.
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    I don't blame FAR management for SAMO result.


    That's the industry, we knew the risks, and unfortunately things didn't go to plan.C'est la vie.


    What I find frustrating is the lack of foresight to consider next actions if it was a duster.


    It's been 3 weeks since SAMO results, here we are at 6.6c again, more than 50% drop in SP (some posters flip and flop saying we are related to oil price or not depending on the weather  - but oil has decreased less than 30%, less for 2022) and what do we have from FAR - a tweet (of course) showing some executives looking blankly at some cliffs and maybe a cryptic email to a shareholder about some bidding going on plus a brief video update that didn't answer any questions or give further info.


    Not good enough. Get your act together as the SP once again is not looking after itself (as once was naively thought).


    5th Xmas in a row for disappointed shareholders. Good to see a lot of the bulls* has disappeared about the $1 party and some realism set in perhaps. Back to boring PE speculation which is really just guessing.... Shouldn't all be despondent but Mr Market need to hear What Next from FAR.



 
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