Hi H realistically you can only rate FAR's performance from a time close to making it's discovery onwards when they actually had something of value that could be realised eventually, any years held previous to that were like any small explorer just an exercise in capital raising with no added value in sight, its also when the majority of shares were added to the register..
Before the discovery we had nothing but hope and given the crash in oil prices would almost certain been taken out behind the woodshed and shot by now without SNE.
Since the disovery we have come from a share price of around 4c to where we stand now at 7.6 cents and thats despite considerable dilution , not spectacular but better than most oil companies over that timeframe and considerably better then bankruptcy..4c to 7.6c is better than 4c to 0c..
Where and when we bought in is our problem not the Companies, their job is to find oil which they have in spades and then try to extract maximum value over time which is what they are endeavoring to do now and thats a multi year project.
So basically SNE has thrown all holders previous to FAN and SNE a lifeline, how long they are prepared to use it is up to them but without it they would have gone under or suffered a considerable loss...you can't have it both ways..
Cheers Whisky
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Hi H realistically you can only rate FAR's performance from a...
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 187769 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 0.505 |
1 | 62764 | 0.500 |
3 | 169438 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 187769 | 3 |
0.515 | 103300 | 2 |
0.520 | 335196 | 3 |
0.525 | 100000 | 1 |
0.530 | 20000 | 1 |
Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
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Mark Waller, MD
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