Ok, So we have nothing to do but sit and wait for the TH and FAN-1 Result.
I have heard/read a few people speculate that FAR has the potential for $1 SP. Sounds great, but lets throw some maths at.
Current Market Cap
2,699,846,742 Shares on issue, Current SP $0.084 = 226.7 M Market Cap
On a successful FAN-1 & SNE-1, researchers (Hartleys & FAR media) forecast a $35c SP
so...
Possible (Near Future) Market Cap
2,699,846,742 Shares on issue, Forecasted SP $0.035 = 944.9 M Market Cap (So close enough to a billion market cap)
Yep.. Ok, 1B Mark-Cap seems doable.
Possible (Distant Future) Market Cap ($1.00 SP)
So what about the $1 SP ... Well we are going to need another 2 Billion More Mark Cap. So we need more oil!
L6 (Offshore/Onshore) & L9 Kenya do look to have potential 500 mmbls.
Would that make the difference to FAR?
I hope my maths is ok! Im sure my fellow FARites will correct me. Let me know your thoughts.
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Ok, So we have nothing to do but sit and wait for the TH and...
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Last
49.8¢ |
Change
0.008(1.53%) |
Mkt cap ! $45.97M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $30.11K | 60.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26546 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 16813 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26546 | 0.495 |
3 | 191996 | 0.490 |
2 | 104597 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 16813 | 1 |
0.510 | 202895 | 4 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
Last trade - 15.43pm 05/09/2024 (20 minute delay) ? |
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