Aquamale28, I think FAR is definitely a good buy but the question is what is overall sentiment for the next 1-2 months? Currently a lot of analysts are expecting a major pull back in the S&P500 which is way overbought. I suspect people are waiting for a major correction to play out. In which case we could see FAR at 5-6 cents. FAR definitely doesn't deserve the valuation but again we need to look at overall market sentiment. In the short term I could see FAR headed that way, before revaluation to the 20s-30s.
The one to watch is the bearish turn of the S&P500 - I will stick my head out and say it will occur around Jan-Feb 2015. That would cause a major sell-off in the markets and lead to great buying opportunities.
Aquamale28, I think FAR is definitely a good buy but the...
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $173.0K | 394.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75664 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.000 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 82596 | ||
| Last updated 15.10pm 03/05/2024 ? | |||||
| FAR (ASX) Chart |