I think it's going to be bad for all concerned (sellers and holders) if they are forced to let this trade before EOFY. It will be a race to dump to get the loss locked in for many people who have gains to offset elsewhere. This will cause the SP to drop further than the fundamentals would suggest. Without the time pressure of EOFY I think there will be more holders willing to take a gamble on the outcome of Gambia.
I think the best situation would be we get the cash from WPL, (I'm still somewhat dubious on this outcome...), get a confirmed update on the Gambia drilling schedule, then start trading after EOFY once we know what's in the kitty.
Ann: Update on FAR RSSD project sale, page-59
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 103276 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |