Oil price news, page-5

First 5 Last

Share
Profile

Follow
garrycleaner

981 Posts.

30

20/09/18

09:06

Post #: 35716304
Share

Originally posted by cujo ↑

Not sure why posters get so touchy when discussing the SP.
It seems its fine to discuss the SP going to 30 cents plus on a discovery of any sort but a mere mention of a 17 cent figure is taboo.
The facts are with 5.6b SOI this will put a ceiling on any rise.
Companies with that many SOI just do not appreciate as much as a company with a lesser amount of SOI.

Why FAR have not consolidated yet is a mystery.
They have a good 2C resource so a consolidation wont change that.
A 10 for 1 would give them 560m shares and an SP of $1.15.
Plenty room to manoeuvre on any future CAP raise with minimal dilution.
The MC will still be the same in fact everything will be the same and it will move the company away from anymore massive dilution.

Some posters seem concerned that companies fall post consolidation but the only ones who fall are non performers.
If the company has solid foundations it wont fall it will actually rise on good news like BSL or LYC.
Companies like VMT who consolidated are exceptions to the rule due to non performance.
The market will make the adjustments post consolidation on performance.

The other plus would be that the short position would reduce to a tenth of what it is now in regards to the number of shares shorted which might make it harder to manipulate on low volume days.

Expand

Probably the most sensible thing you’ve ever posted Cudo thumbs up from me

FAR Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PDN

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

ILU

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 40.0¢		Change 0.000(0.00%)		Mkt cap ! $36.96M

Open	High	Low	Value	Volume
40.0¢	40.0¢	39.0¢	$7.547K	18.87K

Buyers (Bids)

No.	Vol.	Price($)
1	18800	40.0¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	33333	1

View Market Depth

No.	Vol.	Price($)
1	20000	0.400
1	2008	0.395
2	92414	0.390
2	50100	0.380
1	150000	0.370

Price($)	Vol.	No.
0.410	33333	1
0.420	20000	1
0.430	2000	1
0.440	28831	1
0.450	25000	1

Last trade - 11.46am 23/07/2025 (20 minute delay)

FAR (ASX) Chart

Oil price news, page-5

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Oil price news, page-5

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News