FAR 2.91% 50.0¢ far limited

Anyone else see this? I concur with the sentiment. Dow Jones]...

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    Anyone else see this? I concur with the sentiment.

    Dow Jones] Canaccord sees a case for Aussie explorer FAR selling its best asset. FAR's share price has fallen around 40% since the discovery of the SNE field offshore Senegal in 2014, which ranked as the largest global oil discovery that year. That's puzzling because a development is clearly economic, the SNE field is fully appraised and it has got bigger with time. It's also being developed by a highly credible operator. "Predicated on the average transaction multiple and the value certainty a sale could provide, we believe that it could be in the interest of shareholders for a sale process to be explored if a raising of A$150 million or more is required," Canaccord says. ([email protected]; @dwinningWSJ) (END) Dow Jones NewswiresMarch 31, 2019 18:32 ET (22:32 GMT)
 
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Last
50.0¢
Change
-0.015(2.91%)
Mkt cap ! $46.20M
Open High Low Value Volume
52.5¢ 52.5¢ 50.0¢ $45.91K 88.73K

Buyers (Bids)

No. Vol. Price($)
2 5993 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 5982 1
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Last trade - 15.08pm 28/06/2024 (20 minute delay) ?
FAR (ASX) Chart
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