Hi Beisha,
The SP is now going to be dominated by the uncertainty of what FAR may or may not pull off. It'll also have a brief fling with the RISK report.
This, as Phillip321 stated above, is the most exciting opportunity for FAR to really step up into the Big Game. So if they don't/can't make a go of it, there's likely to be some disappointed holders.
The more I think about it, the more I believe that FAR MUST take this opportunity. Otherwise they will be cementing our position as an inconsequential, minor JV partner; a price taker and not a price maker. I know that description may offend some fanatics here, but that's really what FAR is in the eyes of Big Oil.
So Yes; I see some potentially pretty good upside with the Risk report and 'the Deal'*. But if management cant do something with the pre-emptive, I, for one, will be very disappointed.
Cheers,
* of course I'd bloody well say this! I'm invested, I'm long, I'm biased as hell and no one should believe or act on anything I say! GODIT?
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10069 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 22471 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10069 | 0.520 |
3 | 110000 | 0.515 |
2 | 35000 | 0.510 |
2 | 45521 | 0.505 |
2 | 33878 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
0.600 | 25953 | 2 |
0.610 | 2000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
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FAR (ASX) Chart |