I don't agree that it was a slick move by CN and FAR I think it was essential to keep the company trading effectively and who knows what position the company would have been in if fan 1 was a duster. I still think it won't take long to go through the raised cash so would hope that we get another potentially great/commericial result which I think is what fan 1 is. When results are released that's when we will see the sp take off. Late dec/jan. FAR will have to sell these assets they cannot afford to wait 3-5 years for production and the associated costs with doing that. Either selling these assets in Senegal or else a complete takeover. Personally if they do sell these assets alone I think that is when I will get out because FAR will be very high risk again. Many people say Kenya/Guineau has massive potential but if this is the case then FAR should be a full takeover target, if not then I don't think I would have the bottle to wait for another unknown drilling process. Just my opinion and thoughts
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Last
49.5¢ |
Change
-0.015(2.94%) |
Mkt cap ! $47.12M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 49.5¢ | $118.4K | 236.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 163255 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 19959 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 163255 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 19959 | 2 |
0.510 | 152895 | 4 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
Last trade - 10.07am 04/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |