STH, you know as well as anybody that the 'cappers' are those responsible for issuing 3 billion shares inside the past 3 years... this has well and truly absorbed the value increase FAR has 'delivered' and therefore the SP remains at 'fair value' or better atm.. imo. Any hiccups, drilling, technical, broader market, POO, or political...well, 'look out below'...imo.
This 'billion a year' issuance is set to continue for at least 2 more years, before it 'steps up' to fund development.... smarties see this.. hence the never ending SP 'Yawn' and terminal angst from holders... not hard to do the maths.. imo.
Interestingly Farjoy apparently did not pro-rata...
DYOR
This is bullshite!!, page-5
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |