Aqua: you said: "I would say the majority of the investors in FAR are Mum's and Dad's with the majority of the institutions not actually able to pump money in yet. Have a look at the questions on Hotcopper and with respect many of the investors are not O&G savvy (including myself - although learning fast), some are new to investing it would seem.
Once we have wells that are deemed commercial, then I believe the big money will roll in, in droves. Prior to that point however we are at the discretion of Mum's and Dad's sentiment".
The ASX200 qtrly re-balancing is due in December. FAR was not in the ASX200 in Sep.
IMO, The big money will be rolling in soon ahead of the Dec re-balancing.
Bell Potter Analyst Mark II, page-57
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
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| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |