I guess you can use CVN as a comparison?
they have their share of the discovery was 60 million barrels yeah? Right now they are trading with a market cap of $217m.
FAR look to have a very rough share of 90 million barrels here?
FAR's market cap is close to $300m at 10.5c, so I guess 13-15c sounds about right if everything runs absolutely to plan.
Always expect the overshoot just like CVN did.
Congratulations Holders, page-33
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
View Market Depth
| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |