I am not interested any any offer as it is only going to be opportunistic and for peanuts. I agree that any more exploration in The Gambia should follow a farm down and free carry, if anyone is prepared to do that. I don't have any confidence left in those permits after two failed exploration wells.
I know I will largely be in the minority on this issue but I would rather FAR find a new high impact exploration opportunity to take up than accept a few cents for my shares. This comment in the last quarterly suggests that they maybe looking at new projects:-
" FAR’s strong cash position allows FAR to consider its options for the future, not limited to its current portfolio of oil assets."
Ann: Intention to Make Takeover Bid, page-35
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Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.5¢ | $17.83K | 35.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34046 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.57pm 11/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |