Significantly oversubscribed and new institutional investors. That tells a big story imo. Exact replica of what happened to a goldie I hold- BDR.
They did a huge cr last month ($50m) at 19.5c when the sp was at 22.5c. People on that forum were screaming blood at that time, little like the people on here now. Well bdr's sp surged to touch 36c this week. The new Md was on record as saying that his priority when he started in November was to get instos on the register that will support the story long term. All they had was hedge funds who was not their friends. My point is bdr's md has now said through the cr, they now have great long term institutions who will support the story. I believe FAR is in the exact situation, hence the sp not moving the way it should. I think we will see a different FAR moving forward, just like BDR. Btw- Farjoy is a top 10 shareholder in Bdr as well.
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
51.0¢ | 51.0¢ | 49.5¢ | $14.63K | 29.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 49748 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 9861 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49748 | 0.495 |
1 | 30000 | 0.490 |
2 | 32000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 30000 | 1 |
0.525 | 30000 | 1 |
0.530 | 30000 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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