FAR 0.00% 52.0¢ far limited

Far chart, page-146

  1. kkw
    7,274 Posts.
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    4 billion odd shares on issue and just 600+thousand changed hands this morning.

    I don't know who the new instos are, but I think all those that wanted to be in FAR are already in only a few strays and a few day traders are the only ones trading; and everyone is waiting for a TO.

    Read the CNE transcript and the Q&A, that was a very positive outlook considering it came from CNE; and with the M A situation, WPL, OSH, SHELL, QUADRANT, SANTOS, BP and now rumours of TOTAL, I suspect FAR is a goner by the next quarter. Wishing!

    Of course, FAR would have to continue to plan towards production as if a TO is not going to happen, because no company exists just in that hope.

    KKW
 
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