Yes the market is a very fickle mistress....there are some interesting metrics since Jan 2016...on the downside we have 47% more shares on offer , on the upside the MC is 47% higher ,2C resources have increased 95% and about to increase again , oil price is up 83%, we are 20 months closer to any event, cash position by the end of this Quarter will be similar and we have an exciting new prospect, an AMI with a major plus PE potential...
The overall result is we are in a much better position from a project and a Company perspective now than we were then...
So we're we overvalued in Jan 2016 or undervalued now...I know what I think...
Cheers Whisky
January 2016 Brent V FAR, page-3
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Last
51.0¢ |
Change
0.010(2.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 51.0¢ | $67.58K | 132.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1003 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 17939 | 2 |
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| Last trade - 10.19am 01/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |