Hi Trickyd
Not at all. I've simply accepted the grim reality: Samo was our shot at glory and it didn't come off, simple as that. Everyone, including Cath, is flat; the market reaction was predictable and severe; and the prospects of immediate price recovery are bleak.
I can assure you I have more than enough shares! In fact a Chess notice turned up while I was on a golf trip, revealing to Mrs OOO that I had sneaked in a few thousand more pre-Samo. She was not amused. (Don't you just hate those bloody Chess notices!) I am certainly not a buyer.
Nor, though, am I a seller. I share Whisky's view that FAR's value will increase significantly as we near production. The fact is, though, that is a considerable way off.
I also believe (hope?) we will find that elephant and that the Samo data will play a part in that. The result has obvious repercussions for FAR's modelling, which had so confidently (55%) predicted success. Clearly that model must now be recalibrated and will hopefully point to more prospective leads.
I really felt for Cath in that video. She is clearly battling with the enormity of the disappointment, yet at the same time bravely soldiering on to ensure her troops - and shareholders - retain a sense of optimism during the long 12 months until the next drill. Leadership is a tough gig: One only needs to look at our politics for proof that good leaders are hard to find. I think we have one.
OOO
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Last
49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 48.5¢ | $157.6K | 321.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 792 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 8603 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 792 | 0.490 |
1 | 91210 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 8603 | 2 |
0.510 | 222895 | 5 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
Last trade - 13.30pm 09/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |