OOO,
I think a lot of negative sentiment is due to the unrealistic time frames many investors have for this share. This really is now a long term play of 1-4 years and management would be using these types of time frames in their growth strategies. Many were expecting instant gratification with every announcement which is really unrealistic in the current environment. IMO management are doing everything right to make this a strong and robust company over the medium term. Yes they are frustrated by the SP, but with oil companies struggling it is not particularly surprising.
I just hope we are all still around to enjoy the benefits of this well managed and very lucky explorer.
AB
Ann: Guinea-Bissau Update, page-14
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $8.846K | 17.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89158 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 97696 | 2 |
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| FAR (ASX) Chart |