There will be money to be made with PE coming up soon:-
1) Buy now and sell before the decision - the price should rise before the event and has already somewhat increase. Low risk - small profit.
2) Buy now or hold and wait for the decision:-
a) PE win - risk high (coin toss), expect a good profit and should grow over the coming months - anything could happen there after.
b) PE loss - risk high (coin toss), expect the price to drop, but I don't think by a lot (maybe low 5s). However, I didn't expect the huge drop for the duster either.
I am a long term holder these days with no spare cash and therefore will hold with the hope of a PE win, should we lose continuing holding as is the norm these days (JIMHO). Good luck everyone, interesting period coming up for sure!
My average price for FAR - 11.5 cents
2 weeks from Today..., page-31
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Last
49.5¢ |
Change
-0.003(0.50%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.3¢ | 49.5¢ | $74.71K | 149.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37432 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 202895 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |