Well, as a matter of disclosure I took the plunge and bought back into FAR this morning at .029 as a medium term hold.
While the range still looks to be .027-.03, it's hard to see it dropping much lower given the newsflow likely throughout the course of this year. Needless to say I'd love to think I timed it right and the takeover lobs tomorrow. I took a bth on Far after Kora, so buying back in at this level means i see the upside from the depths ... think it's yet to be recognised for having some top notch assets and the good thing is the suitors will come ahead of neighbours drilling.
thoughts, brickbats? does a chartist have a view on Far's rangebound recent history ??
good time to buy
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10069 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
View Market Depth
| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |