If Far has over $100m cash Market cap should be $100m + any worthwhile assets. Say they do have a discovery 50% of 200m bbls is 100m X $5 per barrel Thats at least $500m mkt cap divide by 100m shares , that $5 per share assuming no dilution. Hey!...wait a minute, this feels like we have been here before.
That's best scenario.
worst they discover spring-water! sells in Italy for $1 a litre. What can go wrong?
Ann: Completion of Share Consolidation, page-10
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |