Well we are now obviously in full ramp phase.
The time to get on board is fast vanishing.
FAR is drilling what could be the biggest oil find this year, the p50 numbers are staggering, let alone the p10. Imagine if it comes in on the high side.
Could be a great time to find oil if Oil spikes to $90 in a month or two, which is a lot more likely than $65 IMHO
All this from a company with an interest in 2014's biggest oil find that has a wildcard in PE still up its sleeve.
I am not going to lie, I am excited but also nervous. I have taken a large position in FAR for my standards.
Still believe we will see 15 cents before drilling results - gamblers, rampers, & traders appear to be trickling in but we are still a few weeks from the real action. Low volume will make it easy for the stock to run up.
FAR, page-7
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |