Slightly off the topics re lease extension. Wanted to know peoples opinions on where they see FAR as a stock as either a short term trading stock (3-12 monthes) or long term 1yr+.
Based on history of FAR's share price for the long term holders over the last 3 years it would have made you money to buy on low and sell on news especially when shell were considering far, most recently. Otherwise you would be in the red if you held on for the ride.
While I hope that this will be a long term stock eventually if things happen in Senegal I am sceptical that this is really a highly spec stock that only traders should play with, and we should have stop's in place if this share price goes up again, in case it reverses.
What's the setiment of people?
far a short term trading stock or long term?
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
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| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |