That is assuming a RISC of only 800 plus only $5 a barrel. If we can get an additional 10% exercising pre-emptive then the difference in price between $5 and $2.20 would push our per share valuation to 19 cents. More barrels found or more $ per barrel increases our share valuation quite nicely.
CSFB likes FAR, page-78
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Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 96060 | 2 |
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| Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |