so correct me if wrong and i have rounded up for ease of calcs and disregarding cash and sunk costs to date etc
MKT CAP - A$0.068c by 3.6billion shares on issue - A$245m
Conv to US$ mkt Cap ( 70c in dollar) - US$172m
SNE 70mmbbls 2C cont resource nett FAR
therefore disregarding anything else in FAR portfolio - FAR at current mkt cap of US$172m values SNE resource at US$2.45/bbl.
Include other prospects, FAN-1 - it obviously gets well below US$2.45.
still looks attractive when even disregrding other prospects and the fact that oil price is US$30??
Buy FAR & get 70mmbbl 2C for US$2.45/bbl
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Last
48.0¢ |
Change
0.015(3.23%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.0¢ | 46.5¢ | $9.11K | 19.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1800 | 1 |
View Market Depth
| Last trade - 11.18am 18/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |