Agree, total dog share, Oil touching $70,excellent market sentiment and still this dog languishes around its lows.
I was hoping this might go on a bit of a run as oil shot up from the $50s to the $70 but this dog's barely moved.
And I wonder if the industrial dilution machine that is Far will print another zillion shares as the Far annual Industrial scale dilution festival draws ever nearer?
There is nothing other than a TO that can move this dog, they've had the honeymoon period when they discovered oil and thats when the share price is at its highest.Now, they have to procure debt & finance to get the oil out and this phase of the cycle is not shareholder friendly,unlike the drilling campaign.
The truth is,almost everyone's trapped here ( myself included) at higher prices and we're unwilling to sell this at a loss in an oil bull market - so we all continue to hold in the vain hope that this perinial poor performer one day has a run north of 1 or 2 cents.
Anything more than that is totally delusional.
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Last
49.0¢ |
Change
-0.020(3.92%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 49.0¢ | $210.8K | 423.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 81996 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 39845 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81996 | 0.490 |
2 | 104597 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 39845 | 1 |
0.500 | 16960 | 1 |
0.510 | 102895 | 3 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |