The irony is FAR is in considerably better shape than many oil Companies at the moment simply by having cash and no debt and its obligations getting further into the distance by the day, there is carnage in the shale patch.If nothing else we have bought time.The biggest cure for low oil prices is a low oil price.
LOLZ .....................
they are MINUS 500m+++
if they don't find a solution (aka merger), then this thing will either
go bankrupt
or have < 80m in the bank and no significant asset
rgds
V_H
FAR AGM, page-37
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $20.17K | 41.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18011 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 30000 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |