Imo the sp will float around these levels until the inevitable next cap raise. Yes we may have enough for the next 3 wells but FAR management will not like to run the cash down they will always want a buffer imo. Investors will not plunge in now before the next cap raise. I think they should do a share consolidation along with a substantial cap raising. As for me, I still have this on auto pilot waiting for COP to buy us out.
The elephant in the room
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $16.67K | 33.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58237 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 2225 | 3 |
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| Last trade - 12.01pm 30/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |