I like your posts GO, but i dont think appointing receivers at this point is appropriate. The cash resources (admittedly inaccessible) exceed the mc by a substantial margin. Goldman Sachs research imples a recovery of poo to the $50-$60 range by mid 2021 (might be a bit old now). That makes FAR just another company caught up in the indiscriminate panic that is endemic at the moment. Yes, mistakes have been made by CN and crew, but most of the current malaise is not of their making
It is probably no bad thing that the Russians and Saudis have a bunfight when the poo is low anyway. Lets hope that this gives them some incentive to control themselves when things eventually return to some level of normailty.
I dont like the situation any more than anyone else, but it isnt the time for drastic change at board level imo
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Last
49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
50.0¢ | 50.3¢ | 49.0¢ | $28.83K | 57.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17097 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17097 | 0.490 |
2 | 30000 | 0.485 |
4 | 87930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 15.56pm 24/07/2024 (20 minute delay) ? |
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