FAR 2.91% 50.0¢ far limited

Cairn as a guide to opening price

  1. pj
    2,090 Posts.
    Hey guys and girls,

    When Cairn report you can theoretically use Cairn's post report share price as a rough guide to FAR’s likely opening price. Approximately, each 10p change in CNE equates to about 1.2c change in FAR (by market cap).

    CNE 150p = FAR 7.3c
    CNE 158p = FAR 8.3c (last pre report traded prices)
    CNE 170p = FAR 9.5c
    CNE 180p = FAR 10.7c
    CNE 190p = FAR 12.0c
    CNE 200p = FAR 13.3c
    CNE 210p = FAR 14.5c

    So all eyes on Cairn tonight, I think

    pj
    Last edited by pj: 04/01/16
 
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