There is talk of India being very interested in West African oil and this may play out well for FAR long term. I'm not sure about the connection between Cairn Energy and Cairn India Ltd but take a look at this article on Bloomberg.
http://www.bloomberg.com/news/artic...unges-99-as-oil-prices-trade-near-12-year-low
Cairn India Ltd
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |