Shenanigans of the day as observed above:
1) Realisation that FAR may actually find lots of oil to add to its already fully appraised world class field
2) Formulate plan to make these potential and existant barrels appear worthless
3) *Light bulb* Lets bring up EV's
4) Rinse
5) Repeat
Seems that the shareprice may actually fall now if FAR find oil at Samo as they will have all these barrels of oil that they wont know what to do with.
This obviously explains the shareprice drop from 13.5c as the market is now pricing in a find at Samo and the liabilty these barrels will create on the balance sheet.
Millions of barrels, page-29
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.5¢ | $97.33K | 190.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26752 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 109917 | 4 |
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| Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |