I don't think FAR is short of exposure. One of the biggest finds in the oil sector had determined that. The SP lags for many factors - large shares on issue, insto accumulation/capping, shorting activity, general interest, etc. The peaks and troughs will occur based on interest regarding drills, samples, and ticking other key boxes. Leading up to this the peaks will occur while troughs will as the interest wanes. However, as each phase is ticked the re-rate occurs and the LT uptrend continues. Many stocks go through these phases before having a sustained breakout, which for FAR imo would be DOC.
The key to investing is to time any purchases based on TA to catch the next wave in the spikes.
Ann: FAR Limited 'Breakthrough Company of the year'-FAR.AX, page-17
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 82233 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.00pm 27/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |