FAR 1.04% 47.5¢ far limited

Ann: Trading Halt-FAR.AX, page-41

  1. 2,982 Posts.
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    Perhaps stating the obvious, but doesn't this indicate the three contingent wells will now proceed? Which is good, no? The longer we can stay at this party the better.

    These funds will presumably cover that program, by which time FAR could well have a couple of hundred million 2C barrels, the oil price could be double, and our price per barrel could be much better than ten bucks. A lot of 'coulds', sure, but that's how things are trending at the moment. If that comes off, FAR is worth three or four billion dollars and you won't hear any whinging then.

    Wake up you short-termers: FAR is currently appraising one of the last giant oilfields likely to be discovered. It was not that long ago pundits were saying these fields had all been found, now we own 15%-plus of one.

    Raise on and drill on, I say.

    OOO
 
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Last
47.5¢
Change
-0.005(1.04%)
Mkt cap ! $43.89M
Open High Low Value Volume
48.0¢ 48.0¢ 47.5¢ $37.01K 77.28K

Buyers (Bids)

No. Vol. Price($)
2 43897 47.5¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 32778 1
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Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
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