If Far has over $100m cash Market cap should be $100m + any worthwhile assets. Say they do have a discovery 50% of 200m bbls is 100m X $5 per barrel Thats at least $500m mkt cap divide by 100m shares , that $5 per share assuming no dilution. Hey!...wait a minute, this feels like we have been here before.
That's best scenario.
worst they discover spring-water! sells in Italy for $1 a litre. What can go wrong?
Ann: Completion of Share Consolidation, page-10
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Last
48.5¢ |
Change
0.010(2.11%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 48.5¢ | 47.0¢ | $10.99K | 22.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10481 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 90093 | 5 |
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| Last trade - 14.11pm 25/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |