FAR 0.00% 50.5¢ far limited

Share Price Movement is Normal !

  1. 496 Posts.
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    Hello All,

    I thought it worthwhile while I nor anyone else knows the next price move it might be worthwhile pointing out the movements on Carnarvon which so FAR (lol) has exhibited a similar trading pattern.

    https://au.finance.yahoo.com/echarts?s=CVN.AX#symbol=CVN.AX;range=3m

    Please note:

    1. Carnarvon share price kicked from 8.1c (close 15 Aug) to 24c (close 24 Aug - post announcement) before retracing 20% to 20.0 (close 21 Aug).

    2. Far share price kicked from 10c (close) to 14.5c (close) and today is back to 12c close or retraced 20% exactly the same as Carnarvon.

    Carnarvon went onto a high of 29c from 20c or a further 45% increase. This gives FAR a 17.5 potential if it continues to follow a similar pattern.

    I do not know what is going to happen next. I am just pointing our similar history on another stock that happened very recently.

    Good luck all,
    Super
 
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