While majors will buy, they will first target controlling stakes, and there are fire sales everywhere, such as across US shale, Tullow's Kenya project, and I am sure dozens more major projects.
If CNE is a seller though, that does change things. But if FAR gets more than a token USD10m, or USD1 a net barrel royalty that will be a surprise.
While majors will buy, they will first target controlling...
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 48.5¢ | $100.7K | 203.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89898 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 2239 | 1 |
View Market Depth
| Last trade - 15.47pm 29/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |