I don't know if CN reads HC but $1 per share is dreamland stuff based upon the ST potential of Senegal, ie FAN/SNE/BEL. If the JV can keeping hitting other prospects then maybe $1 comes into play, but it would still be a stretch.
FAR would have to be making $400m NPAT to justify a market cap with a share price of $1 per share. And that is before further dilution for Capex to develop the fields.
I am bullish FAR but I am not fooling myself as to the upside potential.
Athena, page-29
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $34.36K | 70.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27754 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 24999 | 2 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |