According to AFR, at 1.1c, current share price, the implied value of FAR is $110m. Now given the company would end up with $130m in cash + other asset such as Gambia, in theory the share price should go higher than 1.1c when FAR trades again. I recon it could be around 1.3c - 1.5c. What do you think? Cheers
Ann: FAR Senegal Sale Announcement, page-91
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $43.89M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.0¢ | 46.5¢ | $13.86K | 29.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18200 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1800 | 1 |
View Market Depth
| Last trade - 13.46pm 18/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |