Guys,
Has anyone thought the fact that with the Australian economy in the toilet and getting worse that given our descending dollar, the fact that oil is traded in US Dollars means that just on the premise of the AUS going from 1.10 to .9 against the greenback should translate into an uplift of 20% returns to FAR?
This is one of the many things FAR has going for it.
I have just been topping up slowly with a few millions shares now.
To anyone that missed buying in at 2.8, or 3's but whilst it's in the 4's as it wont be here for much longer.
descending australian dollar
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.5¢ | $17.83K | 35.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34046 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.57pm 11/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |