Raising $80m at 8c is a good result.
To raise $80m in these capital markets with first income still so far away says the market has confidence in FAR.
Given we were 7.5c just 2 weeks ago, a lot of people were talking of CR between 6.5-7c.
A big uncertainty has been lifted, that being 'funding'. This $80m will go a long way and see us through to some significant milestones and also make it pretty hard to short FAR with no funding requirements required for a long time.
Time to get on with unlocking further value in this beast, unhindered.
There will be more twists and turns no doubt, but there is plenty of positive news to come.
It's along, slow, hard slog. But we're on the winning ticket.
Raising $80m at 8c is a good result. To raise $80m in these...
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17688 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |