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5.38%

49.0¢ far limited

A new optimism, page-43

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fisho26

415 Posts.

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27/04/16

03:59

Post #: 17604574
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Originally posted by rodney. 08 ↑

Paris123456 can you explain how far keep the share price down because I don't get it. You talk about dilution like its cost us money, don't get it. Each CR has allowed more drilling, more oil found and yes a lot more oil.That out ways any dilution. To my way of thinking if this next lot of drilling finds just 60 million far share 10 million barrels of oil times $6 a barrel =$60million dilution payed for then every barrel of oil after that is nett gain to holders. We have 500 mill boo, 90 mill to far once this next drill is finished and if they find more oil and do the connectivity test, I would think we would be sitting on over 1 billion boo, 170 mil to far. None of this could be achieved without CR-dilution which has given us a lot more than what it has cost.

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Nice theory Rodney but the proof ( or in this case the disproof) is in the share price.

Fisho

FAR Price at posting: 8.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 49.0¢		Change 0.025(5.38%)		Mkt cap ! $45.28M

Open	High	Low	Value	Volume
47.0¢	49.0¢	47.0¢	$7.096K	14.82K

Buyers (Bids)

No.	Vol.	Price($)
2	50146	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	17921	2

View Market Depth

No.	Vol.	Price($)
1	42046	0.485
1	5000	0.480
1	10000	0.475
2	24999	0.470
1	50000	0.465

Price($)	Vol.	No.
0.490	3728	1
0.500	10000	1
0.505	25000	1
0.510	100895	2
0.520	226786	4

Last trade - 15.58pm 02/10/2024 (20 minute delay)

FAR (ASX) Chart