FAR 1.02% 48.5¢ far limited

Ann: Annual Report 2018, page-233

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  1. 795 Posts.
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    Reading some of the posts on here, even though I'm well underwater, this Company is doing so well I wish I'd bought even more shares?

    Who cares about losing money, management have so much potential, it will all come good and Far shareholders will have a merry Xmas again.

    As long as we keep things on track and don't stuff up, proceed to FID agree some average financing deal, hopefully we'll get our money back plus a small return, that would be nice, apart from those who just want to do good for the world, support hospital developments and soccer balls in Senegal - nothing wrong with that, very commendable, but being honest I'm here to make money.

    Many are pinning hopes on PE, who knows, I think never a good idea for litigation unless last option. Was hoping for a better outcome at the time (my opinion mis managed), then a negotiated outcome, and now a takeover rather than toss of a coin legal decision. FAR think they have a case, so do COP/WPL. I don't know but not getting involved in useless conjecture that goes nowhere.

    Oil prices holding up and could break $70 (only $62 for 2022), and that could be key determinant for exit timing after a wholly disappointing investment of zero return in 5 years. I doubt many posters were expecting this outcome despite their ongoing faith in management, outstanding drilling successes and insistence that the next five years will be much better - I actually agree, but have been completely wrong so far.
 
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Last
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $45.28M
Open High Low Value Volume
49.0¢ 49.0¢ 48.5¢ $30.20K 61.65K

Buyers (Bids)

No. Vol. Price($)
1 18945 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 6324 1
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