Fair points PJ, but you are constantly proclaiming the lower ranges, not the mid or high ranges. Why be in FAR for such half hearted returns you would be better off perhaps in Santos from a week or two ago who have popped a lot recently.
Are you not optimistic of the chances of increased payload that management are constantly proclaiming to? You are saying the market has already priced in successful appraisals so I dont understand your motives to still hold?
What is your strategy for FAR going forward with regarding to exiting?
Tell me what your spreadsheet predicts for 600MB SNE and 200MB Bellatrix which could be confirmed over the first three wells at $50,$60 and $70 P/B as thats where I think we will be in the coming months?
Far Pre-Trade 16th October, page-30
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |