Very surprising FAR didn't raise money above 10c when they had the chance.
$100m in the bank would be a strong position, even more so if this drill turned out good.
They were always eager to raise well before cash was expended over the last few years.
I guess they got lured in by the chance of 50/50 but now it will be at the same prices as over the last number of years despite the higher oil price and market sentiment in the industry.
Disappointing for holders.
Ann: Samo-1 well unsuccessful, page-53
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |