Guys. Seriously. There's no bid imminent. And that's a good thing. FAR needs more time to prove up what it has and for risk appetite to come back. Ditto the oil price. No CEO is going to 'put his co*k on the block' on a blue sky bid in the current environment. It would be career suicide. Shareholders would nail him to a cross. Why sell now when there is clearly much more upside and when ultimate value is extremely unclear? What's wrong with a bit more patience? Things are starting to look up but the market is still horrible and sentiment just isn't there for a hairy chested bidding war.
Expect a bid, page-9
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |