RE: Moment of Truth9 Nov 2023 14:04
Wouldn't touch FAR with a bargepole.
When their CEO ramps the stock to pay for his divorce, I'd say that's far away from BMN especially with BMN's current management change. FAR investors assume that once DFS is produced it will magically become the finished article. If FAR were still at their high of 40 odd pence, i'd say they could raise and make it work.
As it is, market would demolish it. Their current shares in issue is pretty low, but that wouldn't last long and the funder would want the lions share.
Having been through the BMN experience, and quite a few others, you cannot make any assumptions or predictions and even if the company tells you in writing in an RNS - that is always subject to change. If you add into that FAR's management, its a NO from me.