the chart is looking very good for another run tomorrow toward that important 10c resistance...as long as the DOW does not tumble further, FAR is up for a green day tomorrow....i think a deal is very very close....due dilligence has been completed by ME's preferred parties and its all about working out a compromising deal
10m+ in cash for FAR
free carry for 1-2 wells
20-30% interest
and a committment to drill in CY11 is what's expected
this should re-rate FAR to the 15c level, with any futher positive updates on GB to increase it further, 17,18c.
anything better than the above scenario will push the SP significantly higher becasue i believe the aboce is what will be factored into the SP
tullow, cnooc, ect will be perfect candidates
but a wpl, bhp, exxon will add an extra 5c IMO
:) we are ver very close
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Last
49.5¢ |
Change
-0.003(0.50%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
50.0¢ | 50.3¢ | 49.5¢ | $74.71K | 149.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37432 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 202895 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 191996 | 0.490 |
2 | 104597 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 202895 | 4 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
0.530 | 20000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |