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
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19637 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
1 | 5000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 69689 | 1 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
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FAR (ASX) Chart |