Whilst the volume is thin I can understand the share price on pink sheets post consolidation.
With US$130m in the bank, a contingent receipt of US$55m (which now looks more likely to be received albeit over the next few years) and a shot at 50% of a billion barrels in November / December, I think a valuation of A$2.50 is not unreasonable. Particularly with oil at US$75 per barrel.
I agree that the market may discount the valuation due to a lack of confidence in the CEO but good to see the recent Board changes. At least that will have everyone on their toes.
- Forums
- ASX - By Stock
- FAR
- Far not far enough
Far not far enough, page-30
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
51.5¢ | 51.5¢ | 49.5¢ | $12.21K | 24.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17061 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17061 | 0.485 |
3 | 48930 | 0.480 |
2 | 70000 | 0.475 |
3 | 84150 | 0.470 |
4 | 200000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.515 | 9742 | 1 |
0.520 | 43555 | 1 |
0.530 | 10000 | 1 |
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
Last trade - 15.55pm 02/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |