On reflection it was I was out this morning ... may have been stressful watching it fall! Pretty clearly yet another example of buy the expected news and sell the fact. Still its holding up VERY well given the timelines put forward by FAR which will see an exit by traders.
Interesting things still expected include:
JP/10mc's "other news"
Well analyses
GR's PR campaign ahead of funding arrangements (ongoing over next 3 months ahead of the appraisal plan in April)
Other funding options
Kenya farmouts after Senegal results.
The wildcard in what might be a period of consolidation without a lot of excitement is GR gettin some big players involved and what that might do to the share price (in association with good news of course).
H
Ann: Quarterly Activities Report, page-16
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50.0¢ |
Change
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Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 50.0¢ | $8.336K | 16.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1016 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
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| Last trade - 12.26pm 19/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |