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0.58%

43.0¢ far limited

Or to put it another way, when FAR actually start producing oil,...

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pj

2,090 Posts.

23/04/16

23:46

Post #: 17588048
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Originally posted by pj ↑

It is, in my opinion very misleading to suggest that FAR has strong cashflow. If I read that about a company I expect it to refer to funds generated internally by the main business process, and by that I don't mean continually going to the market for funds. Cashflow, revenue splitting hairs I think Mr. H.

On second thoughts I suppose one might say that FAR's main business process is in fact to generate funds from the market by talking up the "hope" of exploration or appraisal success but that wasn't made clear in the "research" post. I would have just taken it as a strong non market source of cash flow, indicating a low likelihood of going to the market for funds, except perhaps as a means to increase the same.

pj

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Or to put it another way, when FAR actually start producing oil, then they will have cash flow.

pj

FAR Price at posting: 9.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 43.0¢		Change -0.003(0.58%)		Mkt cap ! $39.73M

Open	High	Low	Value	Volume
43.5¢	44.0¢	43.0¢	$58.75K	135.1K

Buyers (Bids)

No.	Vol.	Price($)
1	182608	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	2200	1

View Market Depth

No.	Vol.	Price($)
2	382608	0.430
1	50000	0.425
2	79261	0.420
3	73724	0.415
1	33894	0.410

Price($)	Vol.	No.
0.380	3900	1
0.410	300	1
0.430	473	1
0.440	154071	4
0.445	25000	2

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 44.0¢			Change -0.003 ( 1.80 %)
Open	High		Low	Volume
43.5¢	44.0¢		43.5¢	44138
Last updated 14.32pm 30/04/2024 ?

FAR (ASX) Chart