The discussion is rather interesting and if you follow the energy & resources sectors overtime these cycles are easy to see.
FAR's value can be anything from nothing to AUD$1 billion plus on any given day depending on oil price, trend and sentiment and who is looking to get in or get out.
Look at the recent so called fire sale of Aus thermal and met coal assets at the bottom of the market it never happened and if you wanted in you needed to pay; as prices have increased from <100 $/t to >150 $/t 12 month operating profits have been significant debts are paid off, as can be losses.
This is the sector you invest in big wins and big losses. I am hoping FAR get to production with its 15% intact and we can live with the costs and catch a wave with high oil prices as always happens and the SP will look significnat different from today. It could also go to rat shit but thats the fun at this end of the sector - if you want stability go for WPL/BHP etc.
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1960 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 103276 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.510 |
1 | 2495 | 0.495 |
1 | 47000 | 0.485 |
1 | 1999 | 0.475 |
2 | 92553 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 103276 | 2 |
0.525 | 19005 | 2 |
0.530 | 101005 | 2 |
0.550 | 27285 | 2 |
0.555 | 10000 | 1 |
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