By November FAR will owe more than cash in the bank.
As of the 11th of this month FAR state they have no offers for the sale of its asset.
As there are no offers and as yet no sale the auditors cant sign off on maybes.
The defaults which mount up will need to be paid eventually and if there is still no takers for the asset then FAR will have to raise just to survive or lose a percentage of the asset.
FAR IMO have no friends anymore in the oil space and the Senegal government whom they now owe money to have now no contact with FAR because FAR are in default.
When FAR say to date they have not had any offers that tells the story.
By November FAR will owe more than cash in the bank. As of the...
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $173.0K | 394.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75664 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.000 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 82596 | ||
| Last updated 15.10pm 03/05/2024 ? | |||||
| FAR (ASX) Chart |