FAR 1.23% 40.0¢ far limited

Malcy's Bucket List update

  1. 382 Posts.
    lightbulb Created with Sketch. 45
    This may have already been posted.

    http://www.malcysblog.com/2017/03/t...bucket-list-gushing-profits-party-just-begun/

    FAR is mentioned at 13.30

    It will be interesting to see who is closer to the mark regarding the current situation. I still feel there will be some kind of deal done as FAR is either totally within their rights regarding PE or the other parties will just want to keep them quite. Either way I cannot see too many negatives. We either still have a 15% stake of something that just continues to grow or we end up with an even bigger stake in something that continues to grow or we get some free carry.

    The only drawback is the current uncertainty, not yet having achieved commerciality and the costs going forward - the broader market will look upon these aspects negatively hence where the share price is at. Maybe, hopefully that is about to change...........
 
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