FAR 5.10% 51.5¢ far limited

I was looking at FAR as LT speccie investment, and possibly...

  1. 556 Posts.
    I was looking at FAR as LT speccie investment, and possibly looking to buy in once the Flow shareholders hit the market, possibly providing a low entry point.
    Then going through my research I see that the CEO only holds around 6 million shares. That pretty much has stopped me in my tracks.
    Why would you buy shares in a company when the numero uno holds stuff all. To me it shows that his confidence in the business is not that great. One of the directors had 120k shares, about $3000 worth...why bother!!
    Am I missing something here?
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
51.5¢
Change
0.025(5.10%)
Mkt cap ! $47.59M
Open High Low Value Volume
48.0¢ 52.5¢ 48.0¢ $164.4K 328.1K

Buyers (Bids)

No. Vol. Price($)
2 28930 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 9744 1
View Market Depth
Last trade - 15.55pm 27/06/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.