Buying in at 8.3c isn't exactly a good deal. FAR has been wallowing between 6c and 8c for several years. Only in the past few months has the share price risen, which I assume has mostly been dictated by SAMO's potential. Now that management's success rate has taken a blow and there is no imminent well on the horizon, I don't see any share price drivers. For all the praise that Cath Norman gets, she hasn't exactly built any wealth for shareholders who hold - only traders have made profits.
Ann: Samo-1 well unsuccessful, page-127
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 51.0¢ | 49.5¢ | $72.10K | 141.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 262500 | 5 |
View Market Depth
| Last trade - 12.47pm 15/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |