Well I guess when a lot of investors took the FAR plunge some time prior to FAN1, the drop in the oil price wasn't on anybodies radar.
Now its appears as though the POO is going to be lower for longer and that is starting to kill the share price.
Not that were hopeless stock pickers, its just bad luck and world events out of our control. The company itself has done well in terms of keeping up in the exploration / appraisal with much better resourced partners and have found a lot of oil.
At least FAR haven't reached the point of entering into dodgy convertible notes etc. Far from that ATM, so I will stick around for the next drill. Thank goodness were still going ahead.
The Diff option had to be exercised by 31/10/16 and is for a drill prior to 31/10/18. How many times to these things get extended, IMO almost always. If the 3d was sh!t then not much can be done about it. We eat dry cake for a while.
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50.0¢ |
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-0.015(2.91%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
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No. | Vol. | Price($) |
---|---|---|
2 | 5993 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 5982 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5993 | 0.500 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
3 | 84150 | 0.470 |
3 | 160000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 50000 | 1 |
0.530 | 10000 | 1 |
0.535 | 20000 | 1 |
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
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