I guess you can use CVN as a comparison?
they have their share of the discovery was 60 million barrels yeah? Right now they are trading with a market cap of $217m.
FAR look to have a very rough share of 90 million barrels here?
FAR's market cap is close to $300m at 10.5c, so I guess 13-15c sounds about right if everything runs absolutely to plan.
Always expect the overshoot just like CVN did.
Congratulations Holders, page-33
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |