Hi Phill
One could argue that those who are bullish on FAR also have their agenda and others may not be accepting reality. It cuts both ways.
My personal opion is that oil will bounce back but nobody knows when. Hopefully in time for FAR. Been reading that we may never fully recover from the demand destruction the industry has experienced. people are actually getting used to tele-commuting and may travel less in the future (as an example).
Only thing that may assist is supply destruction as the investment has dropped so supply should shrink also.
We seem to have hit an equilibrium of sorts and trading sideways around the 1.4-1.5 cent range. Market is yet to pick a direction, Hopefully upwards but need some real news.
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 266 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 3420 | 1 |
View Market Depth
| Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
| FAR (ASX) Chart |
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