The problem I have with FAR, and this has been true over the years, is that I have seen it accumulate assests that effectively come to nothing. Its net position feels like zero. I have mentioned this before, but my core holding has been in existenance since 99. Now, Senegal 'feels' like it is going the same way as some of the other assets. I really want to know what the company plans to do with it, truthfully. We can ask the company but we are going to get a BS answer. Ophir have a 25% interest in it now. This being the case are we still negotiating with other parties for a farm-in/free carry? Who is going to drill it, and if they do decide to drill it, what is the proposition? The dynamics dont look great when a number of majors have seen it and walked away. Does ME know something that we/market/majors dont when he hands over the 5mill for the extention?
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 50.0¢ | $10.65K | 21.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22859 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 132427 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22859 | 0.500 |
1 | 47555 | 0.495 |
1 | 2041 | 0.490 |
2 | 29755 | 0.485 |
4 | 89930 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 132427 | 5 |
0.515 | 1942 | 1 |
0.520 | 109910 | 3 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
Last trade - 13.48pm 31/07/2024 (20 minute delay) ? |
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