I have been watching FAR for the last 2 weeks and seems to me the day traders or you might say the D3-ers are moving on and no longer speculating/manupulating the SP. This was based on the volumes traded as well as the movement of the price within a day.
While the D3-ers are gone, we should expect a self readjustment to the SP. Also, bearing in mind that a JV announcement is pending, we might be better off anticipating a movement north perhaps 13-15cents. IMO, this movement will most likely be higher than the price when the Shell news was out (9.3cents)
To those who still holds FAR and are still confident with the JV news, I believe that your patience will pay off in the not too distance future.
Please DYOR~ SG
FAR Price at posting:
6.9¢ Sentiment: None Disclosure: Not Held
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