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
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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 |