Hardman was taken out at $2.00 a share. With the amount of shares in FAR we will be lucky to see 20cents . The oil price does have a significant impact on our share price and one would expect to use at least $5 / barrel to work out value of FARs share. My calculation for proven reserves of 80 Million barrels is a 400,000,000 mkt cap . thats 10c ents / share . The market appears to be factoring in another credit raising, hence the down turn lately.
I should be ramping as I am a long time shareholder, but ramping is not my thing, fundamentals is what the big end of town look at.
They don't fall in love with a stock like me and many others on hot copper.
Chass
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Last
49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 52.0¢ | 48.5¢ | $101.9K | 200.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48741 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 1786 | 1 |
View Market Depth
| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |