People start a frantic panic and it just gets worse with every post. There is really nothing truly disturbing in the RNS other than the usual caveats that are required for regulatory reasons. What has really changed? We still own 49% of the logistics business which should still be doing OK!
Wakey Wakey - this is absolutely fantastic news. It is the recognition that our company has been striving for. We now understand what our CEO meant when he said significant value for shareholders in the next 8 - 12 months.
All set to start roaring ahead. The simple answer is that Faron is now more financially sound than it was yesterday. That has to be good for shareholders.
Just a small glimmer of hope that maybe not all lost. There was an established and 'popular' business behind this company. Coming out of the crisis is fundamental for all.
I am a supporter so this should not be taken as criticism. Faron has continued to show it is doing all the right things, as is evident with milestone progress. Can anyone explain the rationale behind a discount to market price being required in a situation of significantly oversubscribed? Is the demand a result of the discount being offered? Best Dan
Never up in a straight line. Look at chart for the last 12 months and see the Phoenix rising. Higher and higher, losing the non-believers on the way. The future is bright, the future is Faron!