Good post Rowan...
The trading games will play out.
There would have been a fair bit of expectation built into the SP lately and this very good news should lock that in. Anything above the pre-news SP is just extra.
Between now and a news release on SNE-3 we should see more expectation building up the SP to higher highs and then the news from that drill (if as we expect) will lock in those gains.
And so on and so on.....
The news just released has just validated our tickets and FAR investors should feel extremely comfortable now that we have linked SNE-1 to Sne-2 and proved not only the continuity of the fields highly porous sands but flow rates we could only dream of. Commerciality is not only assured but will be a great deal cheaper now.
What a wonderful outcome!
FAR Pre-trade 5th January - the birth of an Elephant, page-35
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 50.0¢ | $10.97K | 21.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90218 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 5000 | 1 |
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| Last trade - 12.28pm 15/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |