Do your own research dnc and you will soon realise why this stock is so well supported and why many of us have made good profits already regardless of the POO...
The POO will always fluctuate but if while you’re doing your research you actually work out the size of the oil market you will soon realise that oil is a unique and massive commodity that’s demanded by business and consumers alike.. Its easy to transport, measure, refine and most of the world is geared up to use it. Do you have a car?
Oh and while you’re doing your research why don’t you also look into how the JV partnership is about to benefit from the reduced price of the rigs they will require because of the current low POO..
Not to mention the stability of Senegal, the expertise of the management teams involved, cash in hand for all the partners etc. etc. etc.
Oh gosh don’t get me started…
BTW- Gambling is a game of chance, investing is to do with calculating risk – it take a bit more brain power but can be rewarding on many fronts – you should try it some time. I can recommend FAR as a great place to start
Movement??, page-18
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |