Great to see the strength of FAR over the past 2 days, I was expecting this to pull back to high 4 cents. I was wrong. To some up...
Cajun Express is going at FAR's 2 wells -not paid by FAR(JV deals - very good ones.)
-$29.6 million in CASH with no outlay on drilling
-Target price 10c a share in 12mth (FAR's target price)
-analysts say its worth 9.8c share now
-trading in mid-high 5c's with strength
-if there was a big ull back in price would have happened yesterday and today.
Very Good Buy - love to see the close next Friday...
Thanks FAR
http://www.proactiveinvestors.com.au/companies/news/52720/far-limited-receives-us5m-from-cairn-energy-poised-to-start-senegal-oil-and-gas-drilling-52720.html
phar jumps the gates again, page-24
Add FAR (ASX) to my watchlist
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.3¢ | 50.0¢ | $41.04K | 82.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17562 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
View Market Depth
| Last trade - 15.55pm 26/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |