It's all pretty simple really. Those that were trading and never intended to hold out for the drill have missed out. I possibly qualify as one of those. If I could have accumulated enough I would have held some and sold some (assuming the price appreciated of course). Those who intended to hold for the drill are absolutely no worse off. The company is not and should not be concerned with the fortunes of traders. The company is in the business of looking for oil. 20% under current circumstances are quite probably the best we could hope for. The CSEM apparently has the potential to greatly improve the odds of a drill being successful. I think everyone who is disappointed by the deal should take their losses and move on to the next speculative stock and leave those who choose to take their chances with the possibility of a drill alone.
Tez.
gone backwards 12 months, page-42
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
View Market Depth
| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |