FAR 0.00% 50.5¢ far limited

look far ahead, page-10

  1. 449 Posts.
    marco - you'll drive yourself mental thinking you are being punished or rewarded for certain actions on the market. Who could know it would have a small rally and then drop back further? Anyway, I'd hardly call 4 ticks up a "run" or 2 ticks down a "collapse in support".

    It may drop further but there certainly seems to be strong support at this level. Volume is dropping off - a good sign that selling is slowing down. Buy depth is building too. I can't see it dropping back to the cash levels of 2.6c (or whatever) that other people are mentioning - surely the company's other assets are worth something.

    Remember yesterday was a Friday afternoon - and coming into a weekend of uncertainty. It held up pretty well I think.

    It's just about impossible to pick the very bottom. Just chill and wait and see what happens.

    I bought in at 4.4c average and won't consider selling until it is back to 6.5c. I'm not going to stress about the intra-day action.



 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.