Nice call Wasa - things are moving pretty fast for this little minnow. While share registry is large if the large prospects live up to the hype the amount of oil should soak up the dilution. As I posted earlier if you break FAR in half. Kenya and Senegal, it leaves both sides of Africa with a more reasonable looking 1.5 bill shares. By my calculations BHP has around 3.2 bill shares on issue so it just shows you what small resource companies need to do to become big ones. I'm sure all of those 3.2 bill BHP shares issued were needed to place BHP in the position it is today. Chasing large resource targets is not cheap and it's even more expensive in the modern era as from my research the only large targets left are deep offshore. To steal one of your lines again we do now, more than ever, need a very good commercial ASX announcement from FAN-1. Cheers mate and good luck
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49.0¢ |
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Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
48.5¢ | 52.0¢ | 48.5¢ | $101.9K | 200.6K |
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Price($) | Vol. | No. |
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49.5¢ | 1786 | 1 |
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1 | 5000 | 0.480 |
1 | 10000 | 0.475 |
2 | 65000 | 0.470 |
1 | 50000 | 0.465 |
Price($) | Vol. | No. |
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0.495 | 1786 | 1 |
0.500 | 15000 | 1 |
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