So the share price is down because the oil price is down? Right.
A few things to consider:
1. We are not an oil producer - so what.
2. Shouldn't you buy whatever the price is cheap or has that whole concept evaporated?
3. We are a much better takeover target if we are indeed worth less.
Far won't be producing for at least 10 years. We are in the discovery business not production.
I'm missing something.
End of oil company's, page-26
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |