Ooo
Ben Clube may well believe that is what oil companies work out their calculations but that doesnt make it right.
Sam Walsh (Rio Ceo) said that $30 IO was fantasy land stuff.
Well IO is now in fantasy land.
All calculations worked out at much higher prices are now obsolete.
I guarantee oil companies and countries are watching the oil price very closely with many sweating bullets.
I argued long and loud for a CR to ensure we had a nice cash buffer.
Big oil rebound coming, thanks to the euro, page-10
Add FAR (ASX) to my watchlist
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |