I do like the FAR story but from personal experience of working with oil and gas companies and seeing the project timeframes i do not believe any announcement about a farm in partner will come any time soon...it does take several months to analyse the data and make a decision...i would be surprise if they drill a hole within the next 12 months...they may plan it but i cant see it happening...not any fault of FAR but i have been working on so many projects that very rarely go to original timeframes..it seems fairly standard to me.
I think the threat of a cap raising is holding the price back at the moment. I would think the only reason a cap raising would happen is if they decide to go it alone.
will take time
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Last
49.0¢ |
Change
-0.020(3.92%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 49.0¢ | $210.8K | 423.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81996 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 39845 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |