Do you believe that Samo success has already been factored in to the FAR SP at 11.5c?
I do not think Samo COS plays any role in todays valuation therefore any dip in SP would be simple short term panic selling on the news rather than any step change of fundamental value of FAR. On SNE alone FAR is currently undervalued IMO so I may take advantage of any buying opportunity around the 10c mark in a day trader panic.
SNE alone should get FAR 15-18c IMO with WTI $60-$65.
Any SNE reserve upgrade and it goes up from there.
If Samo is successful then I value FAR above 30c.
Big upside if Samo is like SNE or very short term downside if Samo is a duster IMO.
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 266 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 3420 | 1 |
View Market Depth
| Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
| FAR (ASX) Chart |
Day chart unavailable